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Mortgage Rates
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Sarah Wolak
Jul 9
HighTechLending markets EquitySelect as reverse mortgage alternative
HighTechLending markets its EquitySelect HELOC for 55+ borrowers as HECM volume has fallen about 78% since 2009.
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Mortgage Rates
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NerdWallet
Jul 9
Mortgage Rates Rise as Iran Ceasefire Crumbles
Mortgage interest rates are higher this week as the Iran conflict stokes inflation fears.
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Mortgage Rates
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HuffPost
Jul 9
U.S. Home Prices Hit An All-Time High As Sales Slow And Mortgage Rates Rise
Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers’ affordability challenges.
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Mortgage Rates
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ABC17News.com
Jul 9
Mortgage rates are stuck near 6.5%. A new housing law may make buying easier - eventually
By Samantha Delouya, CNN (CNN) — Home shoppers hoping for a break in affordability as the spring homebuying season wraps up may be in for another letdown. The war with Iran and the inflation spike tha
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Mortgage Rates
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New York Post
Jul 9
US existing home sales unexpectedly fall in June
US existing home sales unexpectedly fell in June as house prices hit a record high and mortgage rates remained elevated, pushing potential buyers to the sidelines.
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Mortgage Rates
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Fortune
Jul 9
The housing market just split in two: Prices are falling out West and soaring in the Northeast
Home list prices have dropped 7.3% in the West since 2022 but climbed 12.6% in the Northeast, according to Realtor.com data—even as the national median sales price hit an all-time high of $440,600 in
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Mortgage Rates
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NewsBreak
Jul 9
time high as sales slow and mortgage rates rise
Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers' aff
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Mortgage Rates
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Neil Pierson, HousingWire Automation
Jul 8
Synergy One to take over Newrez distributed retail mortgage operations
Synergy One will assume Newrez’s distributed retail business, as Newrez doubles down on JVs and direct channels in a bid for long-term growth.
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Mortgage Rates
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Sarah Wolak, HousingWire Automation
Jul 8
CFPB seeks input on mortgage disclosures and TRID rules
CFPB issued an RFI on TRID, refinance rescission and reverse mortgage disclosures, asking if current rules raise costs and limit access.
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Mortgage Rates
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Logan Mohtashami
Jul 8
Why it will be hard to get mortgage rates over 7%
The 10-year yield touched 4.60% on Iran headlines, but tighter spreads and a 6.50% to 6.75% base keep 7% less likely.
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Mortgage Rates
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Neil Pierson, HousingWire Automation
Jul 8
Unlock agrees to restitution, compliance with Colorado laws on home equity agreements
Colorado AG gets Unlock to treat its home equity agreements as consumer loans, repay $283K to homeowners and comply with state lending laws.
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Mortgage Rates
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Sarah Wolak
Jul 8
Reverse mortgages emerge as a tool in ‘gray divorce’ settlements
Gray divorce rates doubled from 1990 to 2010, and reverse mortgages can fund equity buyouts for homeowners ages 62 or older.
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