Avoid Popping the Balloon

Reading Time: 4 minutesBrokers can help solve potential refinancing issues on existing loans
New Opportunities Could Emerge from Uncertainty

Reading Time: 3 minutesIndividual investors may fill a niche as other lenders become more conservative
Industry Watch: Rocket debuts new credit card, New American unveils new branding and more

Reading Time: < 1 minuteRocket Companies unveiled its Rocket Visa Signature Card, which it touts as “the first credit card c… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Homes less affordable than historic norms in 94% of counties — but that’s an improvement

Reading Time: 2 minutesShare of locales deemed too pricey reached 99% one quarter prior
Notable mortgage industry hires and promotions, March 27-31

Reading Time: 2 minutesGuaranteed Rate added Kevin Kuper as a producing partnership branch manager in Columbia, South Carol… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FHFA expands COVID-19 hardship deferral to all borrowers

Reading Time: 2 minutesFirst instituted for pandemic-induced hardships, GSEs will now offer six months of deferral for all financial difficulties
Case-Shiller home price index sees another decline in January

Reading Time: 2 minutesBrief window of lower interest rates cushioned decline compared to prior months
Baby boomers gain ‘upper hand’ as largest share of homebuyers

Reading Time: 2 minutesMillennials supplanted as biggest homebuying cohort for first time since 2014
Home flipping activity rises to recent high, but profit margins fall again

Reading Time: 2 minutesNumber of home flips reaches highest level since 2005 even as returns on investment sink to 14-year low
Even without rate-hike pause, Fed offers hope for commercial real estate investors

Reading Time: 2 minutesAccording to Marcus & Millichap, rate growth consistency still a silver lining