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Daily mortgage rates for June 5, 2024: Rates on 30-year, 15-year terms down week over week
AOL· 3 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
I’m a Real Estate Agent: Why Having the Money for a Down Payment and Mortgage Isn’t Enough
GOBankingRates via Yahoo Finance· 4 minutes ago"As a Realtor, one of the biggest surprises I see homebuyers face is all the extra expenses required...
CFPB Probing Alleged “Junk Fees” in Mortgage Closing Costs | JD Supra
JD Supra· 1 day agoOn May 30, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a request for information (Request) regarding alleged “junk fees” in closing costs charged by mortgage< ...
Mortgage 'junk fees' can add nearly $6,000 to the cost of buying a home. The Biden administration...
Morningstar· 5 days agoThe median closing costs on a mortgage to buy a home were nearly $6,000 in 2022 - and the nation's top consumer watchdog says it's planning to do something about those charges ...
CFPB Launches Public Inquiry into Rising Mortgage Closing Costs and ‘Junk Fees’
The National Law Review· 16 hours agoThe Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into rising mortgage closing costs, seeking to understand the reasons behind the increase, identify ...
CFPB issues info request for mortgage closing costs in assault on ‘junk fees‘ - HousingWire
HousingWire· 6 days agoThe Consumer Financial Protection Bureau (CFPB) on Thursday issued a new request for information...
Winners/losers in homebuying’s new commission system
Orange County Register· 2 days agoA settlement in a high-profile lawsuit accusing the National Association of Realtors of fixing real estate commission stands to shake up the way...
Advice | Home buyers can’t avoid title insurance. But there are ways to save.
Washington Post· 2 hours agoWhat is title insurance? When you take over the title of a new property, you need to buy an...
Nonbank Hometown Lenders files for bankruptcy
HousingWire via Yahoo Finance· 19 hours agoIndependent mortgage banker Hometown Lenders has filed for Chapter 11 bankruptcy protection in Alabama, blaming the Federal Reserve's policy to curb...
After raising $100M, AI fintech LoanSnap is being sued, fined, evicted
TechCrunch via Yahoo Finance· 2 days agoAI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted...