Mortgages

The 30-year fixed rate mortgage, the movements of which have been volatile in recent weeks, is expected to stay in the range of 6.5% for the first half of the year before trending down, Freddie Mac said.

Changes resulting from a recent case settled by the National Association of Realtors could encourage sellers to negotiate lower commissions. But the industry is rife with speculation that agents will find ways to discuss commission splits through other methods.

The Justice Department and the CFPB are increasingly relying on emails among employees that contain discriminatory comments to strengthen their hand in cases against lenders.

In the four years since February 2020, rents have risen overall by approximately 28%, Corelogic found.

The National Flood Insurance Program would ideally be approved yearly, but instead it has gone through 29 reauthorizations since 2017.

The Community Home Lenders of America alleged one provider's employment verification service is charging fees it considers excessive in a letter to federal agencies.

The questions about whether the Home Loan banks receive a public subsidy has been settled. All that remains is for lawmakers to take steps to redirect that subsidy toward public benefits rather than corporate profits.

Texas' largest markets saw the least amount of profit gained from flipped homes last year, with Austin even posting a loss, according to Attom.

State restrictions on the use of credit scores appear to help a wide range of consumers cut homeowner insurance costs to varying degrees, according to Matic.

Instability in mortgage rate movements should continue in the weeks ahead, even with Fed Chairman Jerome Powell's comments on inflation.

The figures indicate the resale market is breaking out of a protracted slump due to high mortgage rates that discouraged homeowners from moving.

The program backed by Mayor Brandon Scott will offer more than 200 city-owned vacant properties to residents who commit to repairing and living in them.

ICE Mortgage Technology's new Encompass Mortgage Insurance Center also allows for seamless data transfers between systems.

Rates won't fall far enough to drive meaningful mortgage volume gains this year, according to a Fitch Ratings analyst.

The board has reduced some aspects of Rithm CEO Michael Nierenberg's pay, but also significantly raised the performance-based component.

Limited inventory helped bring the average purchase size on new applications to its highest mark since mid 2022, the Mortgage Bankers Association said.

Intercontinental Exchange is leveraging the recent acquisition of Black Knight in new business partnerships announced at its annual mortgage conference.

A trio of Republican Congressmen stated they will investigate how the program got fast-tracked by the Biden Administration.

Industry veterans are wary of prospective borrowers who can't pay for agents, and of compensation guidelines clashing with government mortgage lending programs.

The change may open the door to an initial public offering for Figure Technologies' origination division in the future.