After three straight days at exactly the same level, average 30yr fixed rates began to move lower again on Tuesday. It should immediately be clarified that the word “began” implies a certain likelihood of continuation whereas no such likelihoods can be guaranteed when it comes to the bond/rate market. In other words, rates did indeed […]

Economic worries and affordability challenges continued to weigh on the housing market, new data shows, hinting that the unusually slow summer sales could portend a more bearish market in the coming months. Housing prices rose 2.3% year-over-year in May, according to new data from the S&P CoreLogic Case-Shiller Index. This is the slowest increase in

Movement Mortgage and Supreme Lending are ratcheting up their war of words ahead of a court hearing in a theft of trade secrets case.  The complaint filed earlier this month accuses a former Movement executive and other top performers of taking confidential data to Supreme in a monthslong exodus. The sides, in case filings, have