January 13, 2025
The fires in Los Angeles County are ongoing with strong winds expected throughout Monday, Tuesday and into Wednesday. County officials say 24 people have died and early estimates of the economic costs have reached as high as $150 billion. The… Continue Reading…
JPMorgan Chase and Bank of America are preparing to ease mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one of the most destructive natural disasters in the city’s history. Chase Home Lending is providing disaster forbearance for mortgage customers affected… Continue Reading…
Derek Brummer, President, Mortgage Insurance, Radian (Photo: Business Wire) Sumita Pandit, Chief Financial Officer, Radian (Photo: Business Wire) Sumita Pandit, Radian’s Chief Financial Officer, to Assume Mortgage Insurance Oversight in New Role as Radian’s President and Chief Financial Officer WAYNE,… Continue Reading…
While the Los Angeles wildfires are still ongoing, some mortgage relief options are beginning to roll out. This morning, both Fannie Mae and Freddie Mac unveiled disaster relief options for borrowers affected by the fires. They are both offering up… Continue Reading…
DETROIT — The Golden State Warriors have gone from a team on a hot streak to a middling one, struggling to find the right formula to get back in the mix of Western Conference contenders. Around the league, many are… Continue Reading…
Federal Housing Administration Supports Homeownership Affordability and Provides Greater Program Transparency for Mortgage Servicers New underwriting policy provides more flexibility for borrowers renting space inside their homes; Servicing Defect Taxonomy increases transparency around mortgage servicing loan reviews. WASHINGTON – Today,… Continue Reading…
As we step into 2025, the question on the minds of homebuyers, homeowners, and real estate enthusiasts alike is: What will mortgage rates look like this year? While the mortgage rates are expected to gradually decline compared to previous highs, they will… Continue Reading…
When it comes to buying a home or refinancing an existing mortgage, today’s mortgage rates play a critical role in shaping your financial decisions. As of January 13, 2025, mortgage rates have seen a noticeable uptick, with the average 30-year fixed rate… Continue Reading…
Why Divorce Monday is booming — and how soaring mortgage rates are complicating breakups Lawyers are used to long hours and packed schedules, but one day each year stands out as particularly busy: Divorce Monday. This unofficial term refers to… Continue Reading…
As we navigate through 2025, economic experts predict that mortgage rates will remain higher for longer, with averages expected to hover between 5.75% and 7.25%. Though many anticipate gradual decreases, the current climate of persistent inflation and the Federal Reserve’s monetary policy suggest that… Continue Reading…