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Lending (1530)

REBNY Changes Buyer’s Agent Commission Rules

REBNY Changes Buyer’s Agent Commission Rules

Friday, 20 October 2023
Lending
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The Real Estate Board of New York has adopted a change to its rules that will require sellers to pay the buyer’s agents directly, rather than listing brokers paying them. So reports The Real Deal. Read more...
MMG's Bodnar: Enough Bad To Go Around

MMG's Bodnar: Enough Bad To Go Around

Saturday, 14 October 2023
Lending
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 Bill Bodnar of the Mortgage Market Guide (MMG) discusses a safe haven trade as well as the potential fallout from the terror attack against Israel and subsequent conflict in Gaza and elsewhere.   Read more...
Fed Officials Say Rising Bond Yields May Stand in for Rate Hikes

Fed Officials Say Rising Bond Yields May Stand in for Rate Hikes

Saturday, 14 October 2023
Lending
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Two Federal Reserve officials have said that a spike in yields for U.S. long-term treasury bonds could lessen the need for the Fed to continue hiking interest rates. So reports Reuters. Read more...
UWM’s Ishbia Eyes New Investors for Phoenix Suns: Report

UWM’s Ishbia Eyes New Investors for Phoenix Suns: Report

Saturday, 14 October 2023
Lending
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United Wholesale Mortgage CEO Mat Ishbia has had talks exploring potentially adding new investors to the Phoenix Suns and Mercury basketball teams, according to sources with knowledge of the situation. So reports Bloomberg. Read more...
Industry Groups Warn Fed to Quit Hiking Rates... or Else

Industry Groups Warn Fed to Quit Hiking Rates... or Else

Saturday, 14 October 2023
Lending
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The National Association of Home Builders, the Mortgage Bankers Association and the National Association of Realtors have pressed the Federal Reserve to stop tightening the money supply, or else risk economic turmoil. So reports CNBC. Read more...
Mortgage Rates, at Post-2000 Highs, Rise for Fifth Straight Week

Mortgage Rates, at Post-2000 Highs, Rise for Fifth Straight Week

Saturday, 14 October 2023
Lending
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The average U.S. long-term mortgage rate has increased for a fifth consecutive week, remaining at the highest since December 1, 2000. So reports The Associated Press. Read more...
MMG's Bodnar: The Trend is Not Our Friend

MMG's Bodnar: The Trend is Not Our Friend

Saturday, 07 October 2023
Lending
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 Bill Bodnar of the Mortgage Market Guide (MMG) discusses the Friday jobs report, the implications of it on the bond market and the week ahead.    Read more...
HUD Awards $160M to Senior Housing Nonprofits

HUD Awards $160M to Senior Housing Nonprofits

Saturday, 07 October 2023
Lending
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The Department of Housing and Urban Development has awarded $160.1 million in grants to 25 nonprofit providers of affordable senior housing. So reports McKnights Senior Living. Read more...
Mortgage Rates Rise to Highest Since December 2000

Mortgage Rates Rise to Highest Since December 2000

Saturday, 07 October 2023
Lending
Written by
Pain for homebuyers has continued as U.S. long-term mortgage rates have posted their fourth straight weekly increase, climbing to a nearly 23-year high. So reports Bloomberg. Read more...
September Mortgage Rate Locks Fall 13.29%, MCT Says

September Mortgage Rate Locks Fall 13.29%, MCT Says

Saturday, 07 October 2023
Lending
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With rates and home prices still on an upward trajectory, mortgage lock volume slid 13.29% in September, according to advisory firm Mortgage Capital Trading. So reports MortgageOrb. Read more...

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