Home Mortgage Loans

News

• Mortgage rates remain steady, rise to 2.81%
  The average U.S. mortgage rate for a 30-year fixed loan remained steady this week, gaining one basis point to 2.81%, according to Freddie Mac. The post Mortgage rates remain steady, rise to 2.81% appeared first on HousingWire.
• With markets in turmoil, Caliber delays IPO
  On the day that the Dow Jones Industrial Average dropped 943 points, Caliber Home Loans made the decision to delay its initial public offering (IPO). The post With markets in turmoil, Caliber delays IPO appeared first on HousingWire.
• Fannie Mae nearly doubles net income in Q3
  Fannie Mae reported a net income of $4.2 billion in the third quarter of 2020, up from its net income of $2.5 billion in the second quarter this year. The post Fannie Mae nearly doubles net income in Q3 appeared first on HousingWire.
• Zillow: Pandemic uncertainty is keeping 34% of home sellers out of the market
  Hesitant home sellers due to COVID concerns could be a reason there is such low housing inventory, according to a report from Zillow. The post Zillow: Pandemic uncertainty is keeping 34% of home sellers out of the market appeared first on HousingWire.
• CoreLogic confirms it is entertaining offers to sell at or above $80 per share
  After months of fending off an unsolicited takeover bid by two of its significant investors, CoreLogic today confirmed that it is looking for a buyer. The post CoreLogic confirms it is entertaining offers to sell at or above $80 per share appeared first on HousingWire.
• How COVID-19 has impacted NextGen homebuyers: Key findings from a recent study
  Cultural Outreach surveyed NextGen homebuyers on how this generation is approaching the home buying process despite their fears and challenges. The post How COVID-19 has impacted NextGen homebuyers: Key findings from a recent study appeared first on HousingWire.
• Ex-Zillow execs raise $40M in seed round for mysterious digital mortgage startup
  Tomo Networks, a Connecticut-based digital mortgage startup, just picked up $40 million in a seed round as it mobilizes to build a compelling product in an increasingly crowded market. The post Ex-Zillow execs raise $40M in seed round for mysterious digital mortgage startup appeared first on HousingWire.