At last month’s Reverse Mastermind Summit in Knoxville, Tennessee, I had the opportunity to speak about one of the most important challenges facing our profession: the public perception of reverse mortgages and the industry that serves older homeowners. My message was intentionally optimistic. Yes, we have a perception problem, but perception is not permanent. It […]
Reverse mortgages need better stories and less hype Read More »
Mortgage rates gave back the improvement seen last Thursday and broke above last Wednesday’s levels to hit the highest mark since June 10th. This isn’t a big range in the bigger picture, but it does leave rates near 10-month highs. The move is also a bit counterintuitive given developments in other markets and typical correlations.
Mortgage Rates Bounce Back Toward Recent Highs Read More »
California lawmakers said they have agreed to place an $11.3 billion housing bond on the ballot this November, aiming to expand affordable housing and homeownership. Processing Content The proposal, Senate Bill 417, includes $10 billion of general obligation bonds for affordable housing programs and $1.25 billion of self-supporting revenue bonds for the state’s home loan
California plans $11B housing bond for November election Read More »