The Latest

Dan GIlbert (Getty, iStock)

Mortgage mogul Dan Gilbert sees net worth quicken to $34B

In its first day of trading, shares of Rocket Co. rose more than 19 percent, pegging the net worth...

Mortgage mogul Dan Gilbert sees net worth quicken to $34B
The rate on the 30-year mortgage fell to 2.88 percent, the lowest rate in 50 years (iStock)

30-year mortgage rate hits record low — again

The average mortgage rate on America’s most popular home loan has hit another record-setting low. The rate on the...

30-year mortgage rate hits record low — again
The weekly survey tracking purchase loans saw a seasonally adjusted decline of 2 percent in the final week of July. (iStock)

Home loan applications fall again amid tight credit rules, weak job market

The volume of applications for home loans fell again last week, due to a weak job market and tightening...

Home loan applications fall again amid tight credit rules, weak job market
Cash-strapped mortgage borrowers are paying off credit cards and other consumer debt instead because those bills are lower (iStock)

TRD Insights: More homeowners are skipping mortgage payments in favor of credit card bills

More homeowners are choosing to skip their monthly mortgage payments in favor of paying off other debt obligations. A...

TRD Insights: More homeowners are skipping mortgage payments in favor of credit card bills
(iStock)

TRD Insights: Homebuyers in Black communities charged higher mortgage rates, report finds

New home mortgage borrowers in majority-Black communities are charged higher interest rates than borrowers in majority-white communities. That was...

TRD Insights: Homebuyers in Black communities charged higher mortgage rates, report finds
Dan Gilbert (Getty, iStock)

Parent of Quicken Loans, Rocket Mortgage seeks $3.3B in IPO

Rocket Companies, the parent company of Quicken Loans and Rocket Mortgage, has set the bar for its upcoming initial...

Parent of Quicken Loans, Rocket Mortgage seeks $3.3B in IPO
Fears over a second wave of coronavirus infections and the wait-and-see for the next round of government relief has led U.S. homebuyers to hit pause. (iStock)

Mortgage applications fall as fears of second wave rise

Homebuyers are pumping the breaks as mortgage rates, Covid infections and uncertainty rises. An index tracking the weekly volume...

Mortgage applications fall as fears of second wave rise
Acting US Attorney for Eastern District of New York Seth DuCharme and Bank of America CEO Brian Moynihan (Getty, Twitter, iStock)

Bank of America will pay $300K to settle DOJ mortgage lending discrimination claim

Bank of America and the U.S. Department of Justice reached a settlement over allegations the bank denied mortgages and...

Bank of America will pay $300K to settle DOJ mortgage lending discrimination claim
(iStock)

TRD Insights: Home loan forbearance hits lowest level in months

Mortgages in forbearance dropped to the lowest level in two months. Home loans in forbearance made up 7.8 percent...

TRD Insights: Home loan forbearance hits lowest level in months
The 2.98 percent is the lowest Freddie Mac has seen in nearly 50 years of tracking (iStock)

30-year mortgage rate hits record low

The average rate on a 30-year mortgage, America’s most popular home loan, has fallen below 3 percent. The 2.98 percent is the lowest Freddie Mac has seen in nearly 50 years of tracking. It’s...

30-year mortgage rate hits record low
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...