It had to happen at some point. After spending 4 straight days of setting new 11-month lows, mortgage rates finally moved higher today, but the headline is much scarier than reality. In fact, many borrowers won’t see any detectable difference from yesterday’s latest levels as the average lender’s top tier 30yr fixed rates moved a […]

The housing market could see a bump this fall akin to the traditional spring homebuying season.  The steady mortgage rate decline and an atypical summer for home price growth could bring buyers off the sidelines, property analytics firm Cotality suggested in a recent report. Rates today are at their lowest point since last September, when

A securitization trustee is petitioning the Supreme Court to hear New York’s Foreclosure Abuse Prevention Act, but the wheels of justice turn slowly, in the interim the law raises concerns for various industry stakeholders. “They haven’t decided whether to review it or not, but that will be conferenced by the justices of the Supreme Court,”