Author name: Ricky Vasquez

Last week ended on a promising note with Friday’s rates falling just barely below the previous Friday’s levels. This was a relief after the top-tier 30yr fixed rate matched 11-month highs for the average lender earlier in the week. Unfortunately, rates are starting the new week by heading back toward those highs. Our 30yr fixed […]

Home prices have soared over the past few years, which has incidentally constrained inventory due to a tax limit set in the 1990s.  Processing Content At least 10% of homeowners in seven states pay capital gains taxes, which can be as high as 20%, on the profits they make from the sale of their home,

Nine in ten lenders now use some form of digital mortgage during origination, up from 74% just two years ago, according to a survey of 100 lenders spanning banks, credit unions and independent mortgage banks. For the remaining 10%, the gap is starting to show up on the bottom line: lenders using eNotes can save