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How Wealthsimple is trying to beat the big banks at their own mortgage game
Financial Post via Yahoo Finance· 3 days agoMost big lenders don’t impose this restriction, which is a function of how Pine funds its mortgages....
Mortgage Applications Up for Third Week
RISMedia Real Estate News· 5 days agoThanks to the recent declines in average mortgage rates of late, mortgage application activity has seen a small but steady
MBA: Mortgage Applications Increased in Weekly Survey
Calculated Risk· 5 days agoFrom the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 1.9 percent from one week earlier,...
ICE Uncovers Hidden Costs Eroding Lender Profits
National Mortgage Professional· 4 days agoA whitepaper from Intercontinental Exchange, Inc (NYSE:ICE), a global provider of technology and data, exposes the hidden costs of mortgage fee cures based on an analysis ...
Will mortgage rates fall in 2024? Here's what Freddie Mac predicts.
CBS News· 6 days agoIt's been a tough year so far for homebuyers, who are facing the double whammy of high housing...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 2 days agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month with the buydown ...
‘Storage King’ of USA Launches Lending Business
Commercial Observer· 5 days agoThe firm has already agreed to loans totaling $100 million over six deals in recent weeks, including its first loan to Madison Capital | Go Store It to ...
The Federal Government Should Not Subsidize Second Mortgages
Forbes· 5 days agoLast week, I submitted a very brief comment letter on the Biden administration’s proposal to allow...
A Strapped Consumer & CRE Foreclosures Portend An Anemic Economy
Forbes· 2 days agoThe S&P 500 was flat on the week (+0.3%) while the Dow Jones, with its 606-point (-1.5%) dive on Thursday, played the losers role (-2.3%). It appears that concerns over incoming ...
Council Post: C-PACE Financing For Commercial Real Estate In 2024
Forbes· 5 days agoAs commercial real estate financing costs have fluctuated wildly in the past 18 months, utilizing...
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