In an era of high mortgage rates and stagnant home sales, a real estate transaction model is making waves by reintroducing and standardizing a once-popular financing method. Ryan Leahy, the founder of MORE Seller Financing, said his company has created the first nationwide platform to bring consistency, compliance and clarity to seller financing — a […]
MORE Seller Financing wants to debunk ‘the bad rap for wraps’ Read More »
While the 30-year fixed rate mortgage remained under 7% for the 17th consecutive week according to Freddie Mac’s calculations, it increased 5 basis points as the bond markets remain volatile over the U.S. economy. This and other measurements moved in the same direction with the yield on the 10-year Treasury, which rose 25 basis points
Inflation news helps to push mortgage rates higher Read More »
If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go. And even if you’ve toyed with the idea of moving, this nagging thought may be holding you back: “why would I give that up?” But when you ask that question, you may be putting your needs on the back burner
Why Would I Move with a 3% Mortgage Rate? Read More »
The average home in more than half of the nation’s metro areas was overvalued by more than 10% during the fourth quarter of 2024, the latest Sustainable Home Price Trends report from Fitch Ratings declared. Nationwide, prices were 11% above where they should be, a reduction from 11.1% in the third quarter. But 85% of
Even as prices moderate, many US homes remain overvalued Read More »
US corporations with over a trillion in assets snapped up an unprecedented amount of short-term Treasuries when President Donald Trump announced a 90-day delay for most of his “Liberation Day” tariffs, according to Clearwater Analytics. Data tracked by the investment analytics firm of more than 800 primarily non-financial US-based companies show the buying was part
US firms snap up short-term Treasuries to extend duration of cash holdings Read More »
April’s increase in rate lock activity does lend some support to the optimistic views on Spring’s market, according to Optimal Blue. Its Market Volume Index, a measurement of rate lock activity, was at 109 for April. This was up from 105 in March, a gain of 3.2%, and 103 for April 2024, 5.9% higher. This
What rate lock activity means for the Spring purchase market Read More »
What will happen to mortgage rates now that China and the U.S. have made progress in their trade war, agreeing to a 90-day period of lower tariffs? Stocks are up considerably this morning and bond yields have also increased. This raises the question: Is the de-escalation of the trade war good for mortgage rates? The
What happens to mortgage rates with more trade deals? Read More »
Economists surveyed by Wolters Kluwer remain solidly behind the notion that the Federal Open Market Committee will reduce short-term rates in 2025. Its May Blue Chip Economic Indicators report even included the possibility that the Fed could actually raise interest rates in 2025 based on comments made by Chairman Jerome Powell which the authors noted
Most economists expect rate cuts after July Read More »
The mortgage market might still be sluggish, but for originators willing to look beyond the traditional, there’s real momentum building in the non-QM space. Tom Davis, Chief Sales Officer at Deephaven, is helping lead that charge — working with sales teams across the country to grow not just volume, but trust. In this conversation, Davis
Miss this, miss out: Why non-QM loans are booming right now Read More »
If someone had told me that home sales would remain firm this year despite mortgage rates ranging from 7.25% to 6.64%, I would not have taken that bet. However, amid all the chaotic economic headlines of 2025 so far, the demand for mortgages is holding steady, even with the higher rates. Let’s dig into the
Mortgage demand still staying firm with elevated rates Read More »
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