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Mortgage rates cool off ahead of inflation reading - HousingWire
HousingWire· 7 days agoIn anticipation of Tuesday’s inflation reading, mortgage rates eased compared to last week....
The reverse mortgage seeks a home with affluent investors
InvestmentNews· 4 days agoThe combination of housing wealth and retirement could mean a lot of new business for the reverse mortgage industry.
Biden Housing Tax Credit Targets Demand, but Supply Is the Issue
Bloomberg Law· 27 minutes agoPresident Joe Biden’s housing tax credit proposal, mentioned in his state of the union address but not yet detailed in a formal policy draft, aims to provide financial relief while ...
Is Getting a Second Mortgage a Good Idea?
TechBullion· 2 days agoWhether you’re looking to make home improvements, consolidate debt, or invest in another property, a second mortgage can be a valuable way to leverage...
Montecito Mortgage Scam Leads to Murder, Sheriff Alleges
The Real Deal· 7 days agoLast week, the Santa Barbara County Sheriff’s Department announced the arrest of three people...
RMF parent obtains Chapter 7 bankruptcy status - HousingWire
HousingWire· 5 days agoThe presiding judge in the bankruptcy case involving Reverse Mortgage Investment Trust (RMIT) — the...
Senior-held home equity falls to $12.84 trillion in Q4 2023
HousingWire via Yahoo Finance· 4 days agoHomeowners 62 and older saw their collective home equity levels drop in the fourth quarter of 2023...
HUD outlines reverse mortgage wish list in budget proposal - HousingWire
HousingWire· 6 days agoA president’s budget proposal is rarely implemented as proposed, but it can provide insight into the kinds of conversations that government officials, lawmakers and other stakeholders may pursue ...
Dividing a house in divorce can be costly and emotional
HousingWire via Yahoo Finance· 7 days agoGray divorce has become increasingly common over the past 30 years. According to 2017 data compiled...
2 reasons why the South will stay the hottest housing market in the US
Business Insider via Yahoo Finance· 8 hours agoRyan doesn't expect the house price gains in the South to reverse anytime soon, rather he expects...