Mortgages
Self-employed mortgage borrower? Here are the rules
Just about any lender can do self-employed mortgages. But there are additional requirements for self-employed borrowers. Here’s what you should know.
Mortgage rates set new record low, falling below 3% as concerns rise about coronavirus second wave – CNBC
Mortgage rates set new record low, falling below 3% as concerns rise about coronavirus second wave CNBC
UpEquity raises $25 million in equity and debt for its cash-pay mortgage lending service – TechCrunch
UpEquity raises $25 million in equity and debt for its cash-pay mortgage lending service TechCrunch
U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends
When Will The Mortgage Market Actually Care About Rising Rates?
There’s an obvious trend toward higher rates as far as Treasury yields are concerned. This goes all the way back to August. Treasury yields and mortgage rates historically correlate quite well. But mortgage rates have almost completely ignored that correlation recently. In fact, most of the 2nd half of 2020 saw mortgage rates fall while Treasury yields continued higher. The chart above doesn’t tell the whole story because it uses a separate y-axis for each line. Here’s the same time frame with mortgage rates and 10yr yields on the same axis: That still doesn’t tell us much although we can certainly see different patterns. Here’s another look at the same two rates on the same axis, but this time we’re charting the CHANGE since Jan 1, 2020. This one probably tells the story better than the rest
Todayâs Mortgage Rates, January 6, 2021 | Rates decrease – Bankrate.com
Todayâs Mortgage Rates, January 6, 2021 | Rates decrease Bankrate.com
Commercial and multifamily mortgage bankers slated to close more loans in 2021
The Mortgage Bankers Association (MBA) has forecast an 11% gain in commercial and multifamily loan originations this year. Commercial and multifamily mortgage bankers are expected to close $286 billion of loans backed by income-producing properties in 2021, up from the estimated $440 billion volume in 2020. MBA forecasted that total multifamily lending alone – which … [Read more…]
How to Get Your Taxes Done Absolutely Free
Kelly Purcell, digital mortgage pioneer, dies at 58
The visionary co-founded electronic signature company SignOnline in 1999, a year before legislation legalized e-signatures at the federal level.