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UWM cuts out title insurer with updated TRAC+ program, rolls out 0% down purchase initiative
HousingWire via Yahoo Finance· 5 days agoUnited Wholesale Mortgage's headquarters in Pontiac, Michigan. United Wholesale Mortgage (UWM) has...
Mortgage brokers sent people’s estimated credit, address, and veteran status to Facebook
USA Today· 6 days agoWhen someone applies for a mortgage, they trust a home loan lender or mortgage broker with some of the most sensitive information they have: information ...
Mortgage interest rates today: May 15, 2024
CNN.com· 6 days agoThe average interest rate for a 30-year fixed mortgage hit 7.48% on Wednesday, with the rate for 15-year fixed mortgages decreasing to 6.70%. The average...
Housing has a problem bigger than interest rates
TheStreet via Yahoo Finance· 4 days agoFewer homes and higher rates Single family home construction, meanwhile, fell 0.3% despite huge demand for new properties in a market where sellers are...
Analysis | Who has the lowest (and highest) mortgage rates, and more!
Washington Post· 4 days agoWhen the Fed pushed its target rate near zero in 2020, the average home buyer could get a 30-year...
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
FOX Business· 4 days agoMortgage rates topped 7% again this week, but April inflation numbers are a promising step toward...
Convertible ARM Loans: Is It Right For You?
Consumer Affairs· 7 days agoAdjustable-rate mortgage (ARM) interest rates fluctuate over time. Convertible ARM loans allow homeowners to lock in a fixed interest rate. Lenders may charge a fee for converting ...
Today's mortgage interest rates: May 16, 2024
CNN.com· 5 days agoToday’s mortgage interest rates are dropping for the fifth consecutive day. The biggest mover is the 30-year fixed rate, which decreased by 15 basis...
Mortgage rates for May 16, 2024: Rates trending about the same
USA Today· 5 days agoMortgage rates are trending about the same across the board. Today’s 30-year fixed mortgage rate is...
FHA vs. conventional loans: What’s the difference?
Bankrate via AOL· 5 days agoIn contrast, FHA mortgage insurance can’t be canceled unless you put at least 10 percent down (if so, it’ll end after 11 years), or you refinance to a...
