Inflationary concerns, spurred by continued labor and supply chain issues, forced mortgage rates to jump by 0.23% this week, as rates rose across all mortgage loan types.
Read More »Jump in Rates Shutting Out Refi-Seekers
Despite overall mortgage app volume on the upswing to begin 2022, the rise in rates has dropped conventional refis to their lowest levels since January 2020.
Read More »PennyMac Rebrands to Focus on the TPO Market
To further support its commitment to the wholesale channel, PennyMac debuts a new identity alongside company-wide rebranding endeavor.
Read More »Fidelity National Financial Names New CEO
Company announces executive management transition as Mike Nolan is named CEO, and Randy Quirk is appointed Executive Vice-Chair of the Board.
Read More »Jeffrey Kvalevog Joins New American as EVP, Strategy and Partnerships
Direct mortgage lender adds 20-plus year vet to expand relationships and expand the company into new business channels.
Read More »2022 Kicks Off With Rise in Mortgage Rates
Mortgage rates hit levels last seen in May 2020 to kick off the new year, with affordability remaining a hurdle faced by many first-time buyers due to record-high prices.
Read More »Mortgage App Volume Slides to Close 2021
Continued supply concerns have forced more to reconsider their home purchases, as the year closed out with a decline in overall purchase apps.
Read More »Mortgage Coach Promotes Two to VP
Mortgage Coach has promoted Jacob Gibbs to the role of VP of Technology and Shannon Baldwin to VP of Marketing.
Read More »Ginnie Mae Names First Female President
Alanna McCargo sworn in to lead principal financing arm for government mortgage loans.
Read More »Pending Home Sales Slide 2.2% in November
Low housing supply and rising prices sent pending sales downward as contract signings dropped in all regions of the nation.
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