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Lending (1508)

Dan Gilbert’s Rocket Cos. Blasts Off After Shrunken IPO

Dan Gilbert’s Rocket Cos. Blasts Off After Shrunken IPO

Wednesday, 12 August 2020
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Shares in billionaire Dan Gilbert’s Rocket Companies soared as much as 26% in their Wall Street debut, following a downsized initial public offering. So reports Bloomberg. Read more...
Household Debt Falls for 1st Time Since 2014, But Mortgages Rise

Household Debt Falls for 1st Time Since 2014, But Mortgages Rise

Thursday, 13 August 2020
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While mortgage loans kept increasing in the second quarter, overall household debt dropped for the first time since 2014 amid the coronavirus pandemic. So reports Bloomberg. Read more...
Mortgage Rates Drop to 8th All-Time Low of 2020

Mortgage Rates Drop to 8th All-Time Low of 2020

Saturday, 08 August 2020
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Long-term mortgage rates have fallen again, with the benchmark 30-year fixed-rate mortgage touching an all-time low for an eighth time this year. So reports MarketWatch. Read more...
Pandemic Unlikely to Slow Millennial Marriages and Linked Homeownership Demand: First American

Pandemic Unlikely to Slow Millennial Marriages and Linked Homeownership Demand: First American

Thursday, 30 July 2020
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Millennials are already the most educated generational cohort in U.S. history, which bodes well for future homeownership demand. Read more...
Bodnar of MMG: Our World is on Fire

Bodnar of MMG: Our World is on Fire

Friday, 24 July 2020
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Bill Bodnar of The Mortgage Market Guide discusses how housing continues to accelerate and will have a tailwind for the foreseeable future. Read more...
Home Loan Forbearance Rate Falls to Two-Month Low

Home Loan Forbearance Rate Falls to Two-Month Low

Tuesday, 28 July 2020
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Fewer homeowners have been skipping their mortgage payments lately, according to the Mortgage Bankers Association. So reports MarketWatch. Read more...
Trump Moves to Scrap Obama-Era Fair Housing Rule

Trump Moves to Scrap Obama-Era Fair Housing Rule

Sunday, 26 July 2020
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The Trump administration has announced that it will eliminate the 2015 Affirmatively Furthering Fair Housing regulation, an Obama-rule meant to roll back the historic impact of racial segregation in America’s suburbs. So reports the Associated Press. Read more...
Purchase Loan Applications Keep Gaining, Up 19%

Purchase Loan Applications Keep Gaining, Up 19%

Wednesday, 29 July 2020
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Homebuyer demand continues to look strong as low rates persist even as temperatures rise. So reports CNBC. Read more...
Mortgage Rates Rise for First Time in Weeks

Mortgage Rates Rise for First Time in Weeks

Sunday, 26 July 2020
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While U.S. mortgage rates remain near record lows, they have now risen for the first time in six weeks. So reports Business Insider. Read more...
Forbearances Fall By 435K, Largest Drop Yet: Black Knight

Forbearances Fall By 435K, Largest Drop Yet: Black Knight

Thursday, 16 July 2020
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The number of active forbearance plans fell another 435,000 from the previous week, the largest drop yet. This brings the total number of active forbearances to its lowest point since April 28. Read more...

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