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Cost of property coverage rose more than 55% over the last five years and it'll likely keep rising through 2024, a report from Guaranteed Rate found.
2h ago -
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The average 30-year fixed mortgage rate for conforming loans fell, according to Freddie Mac, even as the 10-year Treasury yield rose nearly 18 basis points from the start of this week.
11h ago -
Gen Z and millennials are more willing to take a higher mortgage rate in order to buy a home than Gen X and baby boomers, the ServiceLink report found.
March 14 -
Doma leadership said it has the technology and underwriting capabilities to allow the government-sponsored enterprises to handle the risk refi loans eligible for title waivers under a pilot announced by President Biden last week.
March 13 -
The community development financial institution was the nation's top non-qualified mortgage lender last year, according to one ranking.
March 13 -
But still-elevated interest rates contributed to a "deteriorating outlook" for independent mortgage banks this year, Fitch Ratings said.
March 13 -
The nearly 50% homeownership rate in 2023 marked the most significant increase since the Great Recession, according to NAHREP.
March 13 -
A greater number of refinances, particularly in the government market, led overall volumes higher, the Mortgage Bankers Association said.
March 13 -
In an address on Tuesday, economic advisor Lael Brainard also discussed the controversy surrounding the president's proposed title waiver program.
March 12