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Mortgage rates hit another record low this week

Oct 22, 2020By

The average U.S. mortgage rate for a 30-year fixed loan fell to 2.8% this week, another record low, Freddie Mac said in a report on Thursday.

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Luxury housing market inspires ‘total frenzy’ in vacation-home boom towns like Aspen, Palm Beach and Lake Tahoe What started as a temporary getaway from crowded cities has turned into something more permanent. Second homeowners have hunkered down, enrolling kids in schools and working remote.
25 mins ago

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The housing market faced uncertainty in March, but now ‘it’s a circus’ The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space have...
2 days ago

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FHA unveils Automated Underwriting System as part of modernization initiative

Oct 23, 2020By

FHA’s new underwriting tech will allow lenders to submit loan application data electronically from their LOS to FHA for mortgage insurance eligibility.

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Real Estate

Wooden house tower new urbanism modern architecture by beach ocean, nobody in Florida view during sunny day

Luxury housing market inspires ‘total frenzy’ in vacation-home boom towns like Aspen, Palm Beach and Lake Tahoe

Oct 23, 2020By

What started as a temporary getaway from crowded cities has turned into something more permanent. Second homeowners have hunkered down, enrolling kids in schools and working remote.

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Fintech

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FHA unveils Automated Underwriting System as part of modernization initiative

Oct 23, 2020By

FHA’s new underwriting tech will allow lenders to submit loan application data electronically from their LOS to FHA for mortgage insurance eligibility.

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Why lenders should text their prospects

Oct 23, 2020By

HousingWire recently spoke with Verse founder and CEO David Tal about how Verse is helping lenders engage and nurture leads.

Opinion

What MBA’s forecast means for mortgage originators Oct 22, 2020By

2021 is expected to show refinance volume being cut nearly in half. To be prepared for that shift, lenders need to start training now, Dave Stevens warns.

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