Covius' title services had focused on the needs of firms involved with defaults, but this acquisition from Blend pushes the shift to originations forward. https://www.nationalmortgagenews.com/news/title365-buy-allows-covius-to-expand-origination-loan-focus
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3% Down Payment Mortgages for First-Time Home Buyers
Learn about 3% down payment mortgage options, including 3% down conventional loans and 3.5% down FHA loans. https://themortgagereports.com/16976/97-mortgage-low-downpayment-3-mortgage-rates
No Fed rate cut until September at earliest, economists say
None of the economists surveyed by Wolters Kluwer predict the Fed will cut rates at this week's meeting, few expect one in July and 41% said after September. https://www.nationalmortgagenews.com/news/economists-expect-next-fomc-cut-in-september
Pros see longevity for residential transition loans
The industry's biggest opportunities involve the evolving cost of capital, which will shift funding sources from the private, local lending markets to institutional sources. https://www.nationalmortgagenews.com/news/pros-see-longevity-for-residential-transition-loans
Location, Location, Renovation: Where Your Remodel Dollars Go Further
Thinking about a home renovation? Learn which projects offer the best return on investment—and where your location makes all the difference. https://themortgagereports.com/119496/best-return-on-investment-home-remodeling