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Mortgage Rates Tick Up as Activity Hits 22-Year Low

Mortgage Rates Tick Up as Activity Hits 22-Year Low

Thursday, 21 July 2022
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Weekly long-term U.S. mortgage rates have inched upward, as mortgage demand sank to its lowest in 22 years. So reports Yahoo! Money. Read more...
Rocket Mortgage Expands Into Canada with Edison Rebrand

Rocket Mortgage Expands Into Canada with Edison Rebrand

Thursday, 21 July 2022
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Windsor, Ontario-based digital mortgage broker Edison Financial has announced that it is changing its name to Rocket Mortgage Canada, bringing the biggest U.S. mortgage company’s brand to the Great White North. So reports Toronto’s Storeys. Read more...
United Wholesale Mortgage CFO Timothy Forrester Dies at 55

United Wholesale Mortgage CFO Timothy Forrester Dies at 55

Thursday, 21 July 2022
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United Wholesale Mortgage chief financial officer Timothy Forrester has passed away at age 55 after a fight with cancer. So reports The Detroit News. Read more...
Bodnar of MMG: The ECB Did Us a Solid

Bodnar of MMG: The ECB Did Us a Solid

Thursday, 21 July 2022
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"The ECB did us a solid," says Bill Bodnar of the Mortgage Market Guide (MMG). The Fed will soon raise rates by .75% again, he adds. Read more...
Bodnar of MMG: A Good Reminder on the Fed

Bodnar of MMG: A Good Reminder on the Fed

Thursday, 21 July 2022
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"We saw the highest inflation reading in four decades and mortgage rates stabilized....why?" asks Bill Bodnar of the Mortgage Market Guide.  Read more...
Only 2 in 10 Consumers Say It’s a Good Time to Buy a House

Only 2 in 10 Consumers Say It’s a Good Time to Buy a House

Friday, 08 July 2022
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Fannie Mae announced that its Home Purchase Sentiment Index fell 3.4 points in June to 64.8, its second-lowest reading in a decade, with consumers continuing to signal a slowing housing market. Read more...
Flagstar Bank Data Breach Affects 1.5M Customers

Flagstar Bank Data Breach Affects 1.5M Customers

Friday, 08 July 2022
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Flagstar Bank has acknowledged a data breach involving 1.5 million customers’ personal details. So reports CPO Magazine. Read more...
95% of Real Estate Agents See Seller’s Market Despite Rate Rise

95% of Real Estate Agents See Seller’s Market Despite Rate Rise

Friday, 08 July 2022
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Although mortgage rates have recently climbed to their highest since 2008, 95% of real estate agents surveyed still say that it’s a seller’s market. That’s according to a blog post by HomeLight. Read more...
Aging Population Won’t Help Housing Supply Crunch: MBA

Aging Population Won’t Help Housing Supply Crunch: MBA

Friday, 08 July 2022
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More than 4 million existing homes are expected to hit the market over the next decade as the U.S. population ages, but that shouldn’t lead to much extra housing supply. That’s according to new research by the Mortgage Bankers Association. Read more...
Bodnar of MMG: Recession, Restrictive and Retreat

Bodnar of MMG: Recession, Restrictive and Retreat

Thursday, 07 July 2022
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These three words dominate the recent headlines as oil and bond yields retreat from recent highs in response to rising recession fears, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...

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