mortgages


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Wall Street investors are prepared to buy and turn single-family homes into rentals when forbearance programs expire and homeowners look to sell. (iStock)

Wall Street investors bet on single-family rentals as mortgage payments stack up

Wall Street landlords, which emerged during the 2008 downturn, are prepared for windfall as homeowners skip mortgage payments. Firms...

Wall Street investors bet on single-family rentals as mortgage payments stack up
Jerome Powell (Getty)

What low interest rates through 2023 means for real estate

The Federal Reserve is preaching stability in a chaotic world. Fed officials signaled on Wednesday that the short-term interest...

What low interest rates through 2023 means for real estate
As rates hold steady at 3 percent, the average loan hit another record high: $370,200 (iStock)

Size does matter: Mortgage loan average swells to new record

As applications for home loans dropped last week, the average loan size continued to break records. The number hit...

Size does matter: Mortgage loan average swells to new record
(iStock)

Landlords lost about $9B in rental payments last quarter: report

Almost 11 million households were behind on rent or mortgage payments during the first three months of the pandemic....

Landlords lost about $9B in rental payments last quarter: report
Ed Adler and Wendy Silverstein (Getty)

Wendy Silverstein, Ed Adler launch loan restructuring biz

Bombarded by inquiries from clients about mortgage workouts during the pandemic, Meridian Capital Group called Wendy Silverstein. The brokerage...

Wendy Silverstein, Ed Adler launch loan restructuring biz
The rates for a 30-year fixed-rate mortgage dropped 7 percentage points for the week ending September 10, reaching 2.86 percent. (iStock)

Mortgage rates notch new low

Mortgage rates sank to an all-time low — again. The average rate for a 30-year fixed-rate mortgage dropped .07 percentage points for the week ending Sept. 10, reaching 2.86 percent — a new low...

Mortgage rates notch new low
About 3.5% of LA and Orange Counties homes were 90 days past due in June

In SoCal, “seriously delinquent” mortgages are on the rise

The number of “seriously delinquent” mortgages, including those 90 days past due or in foreclosure, is rising in Southern...

In SoCal, “seriously delinquent” mortgages are on the rise
The average size of a home loan hit a new record of $368,600 (iStock)

Mortgage size hits record high as rates slip

As rates slipped, the volume of Americans seeking mortgages rose — and the average size of loans hit a...

Mortgage size hits record high as rates slip
Mortgage refinancings jumped 200% the second quarter, a record high, as lenders provided over $1 trillion in home loans. (iStock)

Mortgage refinancings hit record high in Q2

Mortgage refinancings have hit a record high, as the U.S. housing market continues to rebound from the initial shock of the coronavirus. With interest rates at all-time lows, refinancings jumped more than 200 percent...

Mortgage refinancings hit record high in Q2
Google is restricting ads based on age. Some mortgage lenders are crying foul. (iStock)

Reverse mortgage lenders can no longer target seniors via Google

In a blow to reverse-mortgage lenders and perhaps other real estate players, Google is introducing new restrictions for targeted...

Reverse mortgage lenders can no longer target seniors via Google
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