It’s been a pretty good run for mortgage rates since hitting their most recent highs last Tuesday. Each subsequent day saw a modest improvement. That winning streak finally ended today, but just barely. The average top tier 30yr fixed rate was only 0.01% higher compared to yesterday. For all practical purposes, that means that rates […]
Mortgage Rates Tick Higher, But Just Barely Read More »
Foreclosure auction activity hit a two-year high on the back of a major jump in repossessions for Veterans Affairs-backed loans, a new report from Auction.com found. Auction activity rose 19% year-over-year, according to the report, led by a 428% jump in foreclosure sales on VA-backed loans. The report cited the Federal government ending a VA
Foreclosure auctions spike, but bidders hold off on buying Read More »
Home equity investment platform Unlock Technologies announced it received a new multimillion dollar commitment to help support the expansion of its consumer financing contracts. The $250 million capital agreement with D2 Asset Management guarantees the purchase of originated products by the firm and doubles the amount of an initial deal the two companies signed last
HEI platform Unlock receives $250M in capital support Read More »