Educational HousingWire reports that a policy shift at Fannie Mae will now align its practices with Freddie Mac, allowing mortgage servicers to proactively reach out to borrowers who may qualify to have their private mortgage insurance removed. This change opens a channel for companies to identify and assist homeowners who
A mortgage industry insider has a bold take on rates — and it might surprise you
Determining how useful different quantum computers are has been a long running challenge – now researchers appear to have the answer
Not sure whether to sell your house or rent it out? Compare both options and the key factors to consider before deciding. The post Should I Sell or Rent My House?
Educational HousingWire reports that new home purchase applications fell for a fifth consecutive month, with the Mortgage Bankers Association noting a 6% decline from July and the average new home loan size slipping to $373,194. Higher rates continue to compress buyer activity, and the shrinking loan size suggests borrowers
Educational Scotsman Guide reports that applications for new-home mortgages fell well below year-ago levels for the second consecutive month in August, according to the Mortgage Bankers Association. The deepening decline suggests that higher interest rates and stretched affordability continue to weigh on buyer demand in the new-construction
Mortgage lenders that work with Fannie Mae and Freddie Mac, government-sponsored enterprises, have the green light to use VantageScore 4.0 if they want to.
Educational The Mortgage Reports has published a guide on how to apply for an FHA loan, walking readers through requirements, application steps, and practical tips for securing this government-backed mortgage option. FHA loans remain a common entry point for buyers who need more flexible qualification standards than conventional financing
Educational Just Jared reports that Netflix has released the trailer for the new season of The Diplomat, with Keri Russell, Allison Janney, and Rufus Sewell all returning for the political drama. The trailer dropped on Tuesday, giving viewers their first look at what the next chapter holds for the series.
CEO Brian Chesky is well aware of Airbnb’s role as a villain in the conversation around affordable housing. The firm is now looking to change the narrative with a nine-figure investment.
In A Nutshell: After last week’s inflation data, markets are almost certain a Fed rate hike is coming this Wednesday, but the economic case is far from a slam dunk.
Educational HousingWire reports that President Trump has nominated Matt Jones to serve as FHA commissioner and HUD assistant secretary, a dual appointment that would place him at the center of federal housing policy if confirmed by the Senate. The nomination arrives at a moment when the FHA maintains an active