Mortgage rates were just barely lower this morning versus yesterday’s latest levels, but most borrowers won’t see any major difference from any of the past 7 business days. Additionally, some lenders issued mid-day changes, giving rates a slight bump in response to weakness in the bond market. With a government shutdown looking increasingly likely, traders […]
Mortgage Rates Continue Holding Narrow Range Read More »
The Financial Crimes Enforcement Network, FinCEN for short, has delayed the enforcement date of its residential real estate reporting rule. The announcement exempts “all reporting persons” from compliance with the anti-money laundering regulation from Sept. 30 until March 1, 2026. The rule was supposed to go into effect on Dec. 1. This rule was promulgated
FinCEN delays controversial real estate reporting rule Read More »
Rocket Pro has rolled out a broker portal for borrowers to find local originators. The Detroit-based mortgage giant’s brokernearme.com allows consumers to search for brokers near their address and access profiles which include social media accounts. The site today includes thousands of broker profiles, and they aren’t “ranked” on the site, Rocket Cos. CEO Varun
Rocket Pro launches broker search platform Read More »