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The average 30-year fixed-rate mortgage rose slightly to 6.86% last week, as economic volatility calmed following the Federal Reserve's recent inaction.
May 14
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The increase in purchase mortgage rate lock volume provides support for those looking for a strong Spring market this year, Optimal Blue found.
May 13
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Some policies the industry group is calling for the Office of Management and Budget to definitively rescind have already been pulled back to some degree.
May 13
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April was a mixed bag for title companies, executives said on earnings calls, but some are expecting a stronger market the rest of the year.
May 12
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Originators feel neutral about bombshell acquisitions and regulation news, remaining focused on inventory, mortgages rates and costs, an NMN survey says.
May 12
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The first quarter showed a narrowing in the market share spread between the six active underwriters, but that was before April's economic uncertainty.
May 9
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More homeowners are willing to take out a HELOC versus three years ago, but a knowledge gap remains around the use cases for the product, MeridianLink said.
May 9
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Company management touted its wins, including with total volume of $21 billion, the Redfin and Mr. Cooper purchases plus a record quarter for home equity.
May 8
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The national median single-family existing-home price grew 3.4% from a year ago to $402,300, an analysis found.
May 8
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The reverse mortgage division reported a loss due to hedging costs but on a net basis the company proved profitable ahead of peak market disruption in April.
May 8
