Home >> News (page 38)

News

Newrez Launches Onward Home Mortgage

National mortgage lender and servicing organization has established a new joint venture, lender Onward Home Mortgage, through the Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group.

Read More »

Baby Boomers, Millennials Lead the Nation in Solo Renting

A new study from RentCafe revealed renting alone has become an increasingly popular trend, with baby boomers making up the largest population of renters living alone in the U.S. followed by millennials, as the number of solo renters reached a record high of 17.7 million in 2020 and continues to grow.

Read More »

Mortgage Banks: Don’t Overlook Value in Low-Dollar Loans

“In recent years, housing inventory constraints and home-price appreciation have resulted in rising average loan balances for single-family homeownership. Yet, financing lower balance loans is an essential way for the mortgage industry to facilitate access to affordable, lower-valued homes,” said MBA’s VP of Industry Analysis Marina Walsh, CMB.

Read More »

U.S. Monthly Mortgage Payments Hit Record High

Record-high mortgage payments continue to motivate sellers to lower asking prices to attract more buyers, as a new Redfin report revealed the average homebuyer’s monthly housing payment is up nearly 9% year-over-year, reaching a new all-time high.

Read More »