Mortgage rates finally had a decent day on Thursday after spending the previous three days inching into the highest levels in more than a year. Part of the improvement was due to comments from Fed Governor Chris Waller who said that it wouldn’t be necessary to hike rates at the next meeting unless inflation data […]
Mortgage Rates Drop to Week’s Best Levels Read More »
While the third quarter will be the true test of the 21st Century ROAD to Housing Act’s impact on investor purchases of single-family homes, indicators show a pullback beginning as it was being debated, Cotality said.But local real estate investors are filling the void, fueling a fresh wave of demand for debt service coverage ratio
Cotality: mega investors retreated pre-ROAD act Read More »
California mortgage firm Truss Financial Group announced a pivot into direct lending, making it the latest company this year to make changes in the current business environment that supports operational expansion. Processing Content A specialist in non-qualified mortgages and debt-service coverage ratio loans, Truss will begin serving as a direct lender initially in its home
Non-QM specialist Truss Financial becomes latest broker turned lender Read More »