The Fed Might Begin Tapering, however Mortgage Charges Play by Their Personal Guidelines

The Federal Reserve is lastly planning to taper off its mortgage-bond shopping for, so traders and homebuyers may be anticipating some huge swings in mortgage charges. However, as with nearly … Read More

4 Residential Mortgage REITs “in Limbo,” says Keefe, Bruyette & Woods

Textual content measurement 4 publicly traded automobiles that spend money on residential mortgages are actually “in limbo,” says Keefe, Bruyette & Woods. One problem for would-be buyers now is determining … Read More

Mortgage REITs Come Under Stress That Even the Fed Might Not Be Able to Ease

Text size Photograph by Sean Gallup/Getty Images Some publicly traded mortgage funds are showing signs of stress, demonstrating just how big the disruption to financial markets has been. We’re referring … Read More

Mortgage rates go up slightly as some lenders tighten restrictions on who qualifies for a home loan

Mortgage rates went up slightly this week — an indication that mortgage firms are changing their lending operations in response to the coronavirus. The 30-year fixed-rate mortgage averaged 3.33% during … Read More

Struggling Borrowers Want To Pause Their Mortgage Payments. It Hasn’t Been Easy.

Struggling homeowners are flooding their mortgage companies with requests for help as the coronavirus pandemic wrecks the economy. Many are having a hard time getting it. Homeowners say they are … Read More

How to Sell Your Home Without a Real-Estate Agent

The chance to avoid paying the typical 6% commission to a real-estate agent—saving potentially tens of thousands of dollars on a luxury home—motivates a lot of homeowners to list their … Read More

Financial institution of America’s Latest Mortgage: 3% Down and No FHA

Financial institution of America Corp. BAC -2.34% is rolling out a new-mortgage product that might enable debtors to make down funds of as little as 3%, in a transfer that … Read More

Ocwen Swiftly Went on Counterattack Against the CFPB

Photo: Associated Press WASHINGTON—Five days after it was accused of illegally foreclosing on more than 1,000 struggling mortgage borrowers, Ocwen Financial Corp. OCN -4.91% turned to audacious action: It asked … Read More

Mortgage rates keep falling — will they finally drop to 0%?

Mortgage rates have dropped to record lows on eight separate occasions in 2020 so far, as the coronavirus pandemic has roiled the global economy. But could they eventually drop to … Read More

Quicken Loans is going public: 5 things to know about the mortgage lender

Rocket Companies RKT, , the parent company of mortgage lending giant Quicken Loans, has set the terms of its initial public offering. The company announced earlier in July that it … Read More