Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
Five-star Lender Impac Mortgage Holdings Inc. has signed an agreement to acquire the mortgage origination business of one of the largest residential mortgage originators in the U.S.
Have you ever wondered what your clients are doing on the other end of a conference call? One new survey has revealed the strangest places workers say they’ve ever answered a conference call from.
Less than 24 hours after the House passed its version, Senate approved the bill, which provides crucial framework for commercial mortgages.
The unemployment rate continues to decline, but wage gains are lagging behind the pace of employment growth with the majority of jobs at the low end of the pay scale.
In his speech today on housing in Arizona, the President addressed new housing initiatives, including lowering FHA rates, winding down Fannie and Freddie and continuing to crack down on shoddy lending practices.
Many in the industry have praised the move to lower premiums, but some remain skeptic about how much of an impact the cut will have on the housing market.