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BREAKING — National Mortgage News reported Wednesday that eXp World Holdings, the parent company of eXp Realty, and Kind Lending have ended their mortgage joint venture, Success Lending. Joint ventures between large real estate brokerages and mortgage lenders have become a common structure in the industry, and their dissolution leaves
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The Mortgage Reports has published a guide to cash-out refinancing, walking through how these loans function alongside the requirements and rates borrowers can expect. For homeowners sitting on appreciated equity, the piece arrives at a moment when tapping that value has become a live option again.
The guidance
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Redfin News reports that over the last 50-plus years, homebuyers would have come out ahead by choosing an adjustable-rate mortgage roughly 70 percent of the time, with the savings coming from later opportunities to refinance into lower 30-year fixed rates. The analysis suggests that the fixed-
More homes are hitting the market, giving buyers across much of the country more options and negotiating power. The problem? Buyers aren’t exactly rushing in.
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Realtor.com News recently posed a question that sits at the intersection of real estate and family finance: whether buying into a top public school district or paying private tuition while living elsewhere costs less over the long run. The outlet ran the numbers across a 13-year span,
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A new map published by Realtor.com News shows where self-employed mortgage borrowers are most heavily concentrated across the country. As of 2024, Vermont leads with 8.57% of its workers classified as self-employed, followed by Montana at 8.38% and Maine at 8.02%. These figures
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BREAKING — National Mortgage News reports that mega investors, the smallest segment of non-owner occupied single family homebuyers, accounted for one-quarter of the unit drop in second quarter sales. This retreat by the largest institutional players marks a measurable shift in who is buying rental property and in
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HousingWire reports that Graceful Finance, a three-year-old company led by founder and CEO Anna Frankowska, is pitching its "Lifestyle Agreement" as a reverse mortgage alternative aimed at senior homeowners. The product enters a market where older Americans already face a maze of home equity options,
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BREAKING — Mortgage Professional America reports that climbing mortgage rates are becoming a more pressing concern for Rochester homebuyers than the new trade dispute, with the latter barely registering in client conversations. The prospect of higher borrowing costs appears to be doing what trade policy has not: pushing some buyers
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HousingWire reports that NAF has laid off 160 employees in its consumer direct division, with the lender attributing the cuts to current mortgage market conditions. The reduction reflects broader pressure on mortgage operations as originators adjust staffing levels to match slower volume. For employees affected and for borrowers who
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BREAKING — National Mortgage News reports that Rocket Pro has seen more brokers move from United Wholesale Mortgage to its wholesale channel in the last 90 days than the previous 12 months combined, according to Chief Revenue Officer Austin Niemiec. The $10,000 bounty Rocket is offering to brokers who