Rocket Mortgage launches program for underserved borrowers

By: ameer@trustedteam.com

Rocket Mortgage is providing up to $7,500 in credits for first time homebuyers to use toward their mortgage costs as it looks to court customers in underserved communities in...

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Most home shoppers are Millennials but Gen Z is catching up

By: ameer@trustedteam.com

Millennials still make up the majority of demand for mortgages, but the coveted Gen Z market is beginning to materialize.Adults aged 25 to 41 accounted for 54% of overall...

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Homes remain on the market twice as long as they had 6 months ago

By: ameer@trustedteam.com

Potential homebuyers were not actively house hunting during the holiday season and properties are sitting on the market for longer periods of time, a Redfin analysis finds.On average, houses...

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Freddie Mac, Cenlar, FlyHomes appoint, promote new leaders

By: ameer@trustedteam.com

Left to right: Bill Buskirk, Steve Johnson The multifamily division of Freddie Mac promoted Bill Buskirk and Steve Johnson. Buskirk was named chief operating officer of the division,...

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Mortgage and refinance rates today, Dec. 30, 2022

By: ameer@trustedteam.com

Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. That was welcome. But it was only the second fall in the last eight working days. Unfortunately, markets this...

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Mortgage and refinance rates today, Dec. 31, and rate forecast for next week

By: ameer@trustedteam.com

Today’s mortgage and refinance rates Average mortgage rates rose yesterday, over this week, and over this year. They fell across the whole of December, but not by much. Once again,...

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The most-read mortgage news stories of the year

By: ameer@trustedteam.com

National Mortgage News readers were all too aware of the ominous signs for home financing as the Federal Reserve's inflation-busting measures put the refi boom to an end. As...

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Bridging loans can help investors beat ICR challenges

By: ameer@trustedteam.com

There are a number of scenarios in the property world where bridging loans can come in very handy. Miranda Khadr explains how they can help landlords struggling to balance...

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