Reporters discuss bombshell story on Better.com’s CEO

An exclusive interview with the Forbes reporters who recently wrote a bombshell article about Better.com CEO Vishal Garg’s controversial workplace culture.

Now is the time to double down on diversity and inclusion efforts

Quicken Loans Mortgage Services is proud to partner with a diverse set of brokers, which broadens the pool of potential clients they serve together.

How to Accelerate Closings in 2021

In this webinar, we’ll provide you with actionable insights to help you accelerate your closing process from point-of-sale through post-closing.

Why are sellers sitting on the housing market sidelines?

Why aren’t more homeowners selling in this hot housing market? According to new research from Zillow, a number of factors are at play.

Mortgage

Mortgage applications tick up 1.4%

Mortgage applications ticked up for the week ending Oct. 4, increasing 1.4% from a week earlier, the Mortgage Bankers Association said Wednesday.

This minor growth is linked to the association's rising refinance index, which shot up 3% from last week’s posting.

On the other hand, the purchase index fell 1% from a week earlier.

The refinance share of mortgage activity continued to rise, with refi filings representing 64% of all applications.

Mortgage rates also fell this past week as the nation battled through waves of uncertainty in the midst of a government shutdown.

The average contract interest rate for a 30-year, fixed-rate mortgage with a conforming loan limit declined to 4.42% from 4.49%.

Meanwhile, the 30-year, FRM jumbo declined to 4.45% from 4.53%.

The average 30-year, FRM backed by the FHA decreased to 4.15% from 4.21%, and the 15-year, FRM dropped to 3.52% from 3.55%.

Additionally, all of the fixed-rate mortgages fell to their lowest point since mid-June.

The 5/1 ARM also dipped to 3.25% from 3.26% a week ago.

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3d rendering of a row of luxury townhouses along a street

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