A record amount of home equity has brought companies across the mortgage industry, particularly fintechs, into the sector. Processing Content Borrowers with a mortgage in the United States hold a total of $17.9 trillion in home equity, equal to $310,000 per homeowner, according to Cotality’s latest Homeowner Equity Insights Report. Better Mortgage and fintechs like […]
Better, FirstClose, Nada launch new home equity products Read More »
Investors in the US Treasury market are shifting their focus to owning shorter-dated government bonds, a bet that the Federal Reserve will eventually emerge victorious in its fight against inflation. Processing Content Two-year yields have soared to a multi-year high of around 4.75% in the days following the Fed’s first rate increase since 2023, the
Short-end treasuries become popular bet on Fed inflation win Read More »
If you’re trying to buy a home, affordability is probably what keeps you up at night. And as you watch mortgage rates tick up again lately, it’s fair to wonder if you should just hit pause and wait for them to go down. For now, though, they’re headed the other way. Mortgage News Daily data
3 Things You Can Actually Control About Your Mortgage Rate Right Now Read More »