American homeowners removed 2% more equity from their properties year-over-year in the first quarter, the most for the three-month period since 2021, ICE Mortgage Technology found. Processing Content It estimated $47 billion in equity was withdrawn in the quarter, down from $49 billion in the fourth quarter but up from $46 billion in the first […]
Americans pull $47 billion in equity from their homes in 1Q Read More »
Better and Coinbase have closed the first Fannie Mae-supported mortgage backed by Bitcoin in the United States. Processing Content The companies also confirmed plans to make the product available to qualified borrowers nationwide by this summer. Interested customers can currently apply to a waitlist, which has a projected $250 million in loan volume, a Better
Better closed first Fannie-supported loan backed by Bitcoin Read More »
April’s falling mortgage rates led to a spike in home sales last month, but resurging rates quickly dampened that momentum, an industry report found. Processing Content Total home sales rose 3.8% month over month in May to 308,446. That’s the highest level since October 2022, driven by a 2.8% jump in existing-home sales, which also
Home sales hit highest level since October 2022 Read More »