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Bodnar of MMG: Have We Seen Rates Peak for 2021?

Bodnar of MMG: Have We Seen Rates Peak for 2021?

Friday, 29 October 2021
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There are three reasons to think rates have peaked for the year, according to Bill Bodnar of The Mortgage Market Guide (MMG).  Read more...
Positioning for the Purchase Money Market

Positioning for the Purchase Money Market

Wednesday, 27 October 2021
Lending
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By Kevin Crichton, President and COO, EMM Loans, LLC, The mortgage industry is moving from an environment dominated by refinance mortgages, which the Mortgage Bankers Association (MBA) estimates accounted for 69% of all loans in the first quarter of this year, to one that is going to be driven by purchase money. The MBA estimates refinancings… Read more...
Bodnar of MMG: What to Look for Heading Into a Big Week

Bodnar of MMG: What to Look for Heading Into a Big Week

Monday, 25 October 2021
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Mortgage-backed securities touched the lowest levels of 2021 on Thursday and Friday, notes Bill Bodnar of The Mortgage Market Guide (MMG). Read more...
United Wholesale Mortgage Scraps Bitcoin Plan

United Wholesale Mortgage Scraps Bitcoin Plan

Monday, 25 October 2021
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United Wholesale Mortgage, which announced in August that it was planning to accept payments in bitcoin, has changed its mind about using cryptocurrency. So reports CNBC. Read more...
FHFA Decides to Keep Desktop Appraisals Permanently

FHFA Decides to Keep Desktop Appraisals Permanently

Monday, 25 October 2021
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The Federal Housing Finance Agency, which unveiled desktop appraisals as a temporary initiative in March 2020, has chosen to make remote appraisals permanent. So reports Realty Biz News. Read more...
Weekly Mortgage Demand Slides 6% as Rates Rise

Weekly Mortgage Demand Slides 6% as Rates Rise

Monday, 25 October 2021
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Mortgage demand for home purchases and refinances has fallen once more amid a recovery in mortgage interest rates. So reports CNBC. Read more...
Mortgage Rates Climb to Highest Since April Amid Inflation

Mortgage Rates Climb to Highest Since April Amid Inflation

Monday, 25 October 2021
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U.S. long-term mortgage rates are on the rebound after drifting near historic lows for much of 2022. So reports the Associated Press. Read more...
Rocket Pro TPO Doubles Down on its Commitment to Help Brokers Drive Business

Rocket Pro TPO Doubles Down on its Commitment to Help Brokers Drive Business

Thursday, 21 October 2021
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A year ago Austin Niemiec, Executive Vice President at Rocket Pro TPO (the division of Rocket Mortgage working exclusively with mortgage brokers), pledged to leverage Rocket Technology, the Rocket realtor relationships and the Rocket brand to help mortgage brokers grow their business. Yesterday’s announcement takes that commitment up a notch by detailing new ways Rocket… Read more...
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Mortgage Rates Rise Back Above the 3% Mark Again

Mortgage Rates Rise Back Above the 3% Mark Again

Friday, 15 October 2021
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U.S. long-term mortgage rates have once again climbed above the 3% level, a sign that historically low rates won’t stick around forever. So reports CNN. Read more...
Black Knight Introduces Broker Marketing Tools

Black Knight Introduces Broker Marketing Tools

Friday, 15 October 2021
Lending
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Black Knight has launched new marketing tools for wholesale mortgage brokers. So reports Inman. Read more...

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