Despite limited inventory and rising prices, buying interest appears robust heading into peak season, but lenders are likely to find a more discerning consumer https://www.nationalmortgagenews.com/news/home-lenders-adjust-to-a-changing-mortgage-marketplace-as-spring-arrives
An increase in conventional lending products drove the upturn, but the overall reading of the Mortgage Bankers Association index still landed near the longtime low from late 2023. https://www.nationalmortgagenews.com/news/mortgage-credit-rises-for-first-time-in-three-months
The wholesale lender wants its logo removed from the Facebook page and for Ramon Walker, the creator of the page and owner of Client Direct Mortgage, to pay over $100,000 in outstanding EPO. https://www.nationalmortgagenews.com/news/uwm-files-suit-against-creator-of-facebook-group-for-brokers
A potential buyer with a budget of $3,000 per month for their payments is now able to afford an approximately $453,000 home. https://www.nationalmortgagenews.com/news/buyers-can-now-afford-40k-more-house-redfin-finds
Since mid-January, "we have seen a meaningful uptick in demand that has continued through this past weekend," Toll Brothers Chief Executive Officer Doug Yearley said in an earnings call Wednesday....