December 24, 2024
Scarborough named VP of Mortgage with Gulf Winds Published 8:12 am Tuesday, December 24, 2024 Gulf Winds Credit Union is pleased to announce the selection of Jerry Scarborough as its new Vice President of Mortgage. Scarborough, a seasoned mortgage professional… Continue Reading…
With inflation back to the Bank of Canada’s 2 per cent target and rate cuts expected to continue through next year, Canadians should anticipate lower mortgage rates and better deals going into 2025. (Getty Images) · Witthaya Prasongsin via Getty… Continue Reading…
Enjoy complimentary access to top ideas and insights — selected by our editors. The top five banks and thrifts in the ranking had combined first-mortgage loans of more than $1 billion as of Sept. 30. Most banks increased their loans… Continue Reading…
As of today, December 24, 2024, mortgage rates are stabilizing in the high 6% range, making it essential for buyers and homeowners to grasp the current market conditions. Understanding how today’s mortgage rates rise or fall can help you make… Continue Reading…
(Reuters) -The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies, and The Jason Mitchell Group of real estate brokerages of an illegal kickback scheme to steer mortgage applications back to Rocket.… Continue Reading…
Most mortgage rates have dipped slightly today. According to Zillow, the 30-year fixed mortgage rate is down three basis points to 6.64%, and the 15-year fixed interest rate has remained flat at 6.03%. In December, the Federal Reserve cut the… Continue Reading…
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Rocket Homes claiming kickbacks for real estate brokers and agents who steered customers to use the platform for mortgages. The CFPB reported that it had also sued Jason Mitchell,… Continue Reading…
Table of Contents UK mortgage rate forecast for January 2025 There is concern that recent mortgage rate reductions may be short-lived, amid expectations the base rate of interest will stay higher for longer in 2025. With the cost of fixed-rate… Continue Reading…
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit Monday accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies, Rocket Mortgage and Amrock. The Jason Mitchell Group is also implicated in the alleged violations… Continue Reading…
On December 17, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule applying standard mortgage protections to Residential Property Assessed Clean Energy (PACE) loans. The rule amends Regulation Z to clarify that voluntary tax assessments and liens, like PACE financing, are not excluded… Continue Reading…