On Friday NAR reported that total housing inventory levels broke under 1 million in December, dropping to 970,00 units for a population of 330 million people. And existing home...
Read MoreHomes sales ended the year at a seasonally adjusted, annualized pace of 4.02 million units, which was 34% lower than December 2021. It is the slowest pace since November 2010,...
Read MoreReverse mortgage professionals have different perspectives based on their unique markets and experiences, and that’s true of industry pros like Rich Pinnell of Primary Residential Mortgage, Inc. (PRMI) in...
Read MoreToronto-based HomeEquity Bank, the leading provider of reverse mortgage loans in Canada, announced this week that its total reverse mortgage portfolio surpassed $6 billion CAD (roughly $4.4 billion USD)...
Read MoreMortgage professionals may be feeling angst these days with origination volumes well down from last year’s highs. But it’s in times like these that the value prospect of a...
Read MoreRep. Rachel Jones (R), a member of the Arizona legislature, has introduced a bill that, if passed, would eliminate property taxes for homeowners whose mortgages are paid in full....
Read MoreIt may not always occur to a reverse mortgage professional to think of Home Equity Conversion Mortgage (HECM) product features as “premium.” However, depending on the borrower’s need, a...
Read MoreOne Mortgage System has upgraded its integration with automated valuation business Hometrack to speed up home loan applications. The mortgage processing platform for brokers says the move gives advisers...
Read MoreCoventry for Intermediaries has launched two-year fixed-rate loans for existing buy-to-let customers. The mutual’s broker-only arm says that rates are available between 50% and 75% loan to value for BTL and portfolio...
Read MoreHigher credit scores pave the way to lower rates, potentially saving thousands of dollars in interest charges. The highest tier is anything over 800, which can unlock even better terms. Here's...
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