National
Mortgage applications surge 25% in the new year as interest rates drop
A drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and...
Mortgages
The Latest
National
Digital mortgage firm Blend cuts 30% of staff
Digital mortgage firm Blend Labs enacted another series of cuts, the company’s fourth round of layoffs in the last...
National
Wells Fargo puts the brakes on mortgage business
Wells Fargo, a once-dominant player in the U.S. mortgage market, has begun its significant retreat from the sector. The...
Weekend Edition
Mortgage lender exec poised to buy Phoenix Suns for $4B
The owner of the National Basketball Association’s Phoenix Suns made his fortune in real estate. The franchise’s apparent next...
Tri-State
Reverse mortgage giant lays off 119 on Long Island
A mortgage firm is laying off scores of Long Island employees in the wake of a Chapter 11 bankruptcy...
National
Purchase applications climb as mortgage rates stabilize
Mortgage purchase applications continued to climb last week, thanks to a steadying of rates. Purchases rose 4 percent on...
Co-ownership can help NYC homebuyers, but adds risk
New York City is among the toughest homebuying markets in the U.S., and it’s even more daunting for single...
National
Mortgage applications decline even as rates fall again
Mortgage applications continued their downward swing last week, but lower rates are sparking activity in the refinancing market. Applications...
Mortgage applications to buy homes rise as rates drop below 6.5%
Brokerages have a reason to be thankful with mortgage rates falling again and Americans responding by applying for more...
National
Government to back home loans over $1M
The federal government wants to help homebuyers live like millionaires, at least in pricey housing markets such as California and New York. In those areas, Fannie Mae and Freddie Mac will begin backing mortgages...