The American dream of homeownership is not an equal opportunity ambition. Blacks and Hispanics are more likely to be denied mortgages or get pricier loans.
The post ‘How Can We Catch Up?’ Mortgage Denials Stack the Deck Against Black and Hispanic Buyers appeared first on Real Estate News & Insights | realtor.com®.
BBVA México targeting US$3.1bn in mortgage l… BNamericas English
Mortgage And Refinance Rates Today, Feb. 17 | Rates rising or steady The Mortgage Reports
Today’s mortgage and refinance rates Finally, average mortgage rates edged lower yesterday. It had been more than a week since the previous fall. And it made up only about one-tenth […]
A fundamental premise of today’s housing and mortgage markets is that there is not nearly enough supply for the demand that’s out there. While the consensus solution is to simply build more houses, one mortgage CEO explained that there’s a gap in the market that amounts to an estimated $1 trillion worth of property currently … [Read more…]
As the single-family rental (SFR) market has boomed this year, driven in large part by an exodus of multifamily renters to the suburbs, large and small SFR landlords have been looking for new financing solutions. Whether it’s to expand their portfolio of homes, or take cash out for material updates and upgrades, these landlords are … [Read more…]
Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday, as we predicted. They’re still below 3% for 30-year fixed-rate mortgages. But it’s been a while since they’ve been […]
Posted To: Mortgage Rate Watch
Volatility has returned to the mortgage market in grand fashion this week with many lenders quoting rates that are as much as a quarter of a point higher than they were last week. That means if you were looking at something in the 2.75% neighborhood on Friday, it could be 3.0% today. What gives? The upward pressure is nothing new , really. It has existed in the broader bond market since August, but only recently began spilling over to the mortgage market. We’ve been discussing the increased risks of such a spillover in the event of a sharper bond market move and yesterday brought just such a move. Today was much more docile by comparison, but it didn’t do anything heroic to push back against yesterday’s weakness. Still, there could be some promise of stability in the fact that the bond market…(read more)
Mortgage Rates Roughly Unchanged From Last Week Mortgage News Daily
Today’s mortgage and refinance rates Markets were closed yesterday. However, average mortgage rates rose again last Friday. Of course, rises are unwelcome. But these rates remain within their exceptionally low […]