Scaling from Freelancer to Business Owner

The Fed's wait-and-see approach on what will happen to the U.S. economy, while not directly impacting mortgages, will likely keep those rates elevated. View the full article

Other trackers like Zillow and Lender Price on Thursday morning have the 30-year fixed moving higher, following a jump in the benchmark 10-year Treasury yield. View the full article

US mortgage rates jumped last week by the most since October on the back of heightened volatility in the Treasury market, causing a pullback in financing applications for home purchases and refinancing. View the full article

Mortgage rates remain in the 6.6% range, with the tariff news so far having little impact, but could change given the 35 basis point drop in the 10-year yield. View the full article

The 30-year conforming fixed-rate mortgage is at its lowest point since the end of December, as Treasury yields are 29 basis points lower since Feb. 19. View the full article

While Freddie Mac's weekly survey showed 30-year rates falling, other indicators paint a mixed picture for mortgage lenders and borrowers. View the full article

The highly volatile interest rate environment will actually result in higher refinance mortgage volume than previous forecast for 2025 and 2026. View the full article

Loan officers have said the majority of outreach from recruiters looks like impersonal "telemarketing." View the full article

Meanwhile, home prices are set to grow 3 to 4% in 2025, a Fitch report predicts. View the full article

Parent company Remax is reporting growing momentum in Wemlo, its technology unit that offers processing automation for loan brokers, which hiked prices last year. View the full article

Mr. Cooper expects close to 350 former Flagstar employees to be integrated as team members. View the full article

The megaservicer is fending off a class-action lawsuit while suing its insurers for allegedly failing to indemnify it following its breach in 2023. View the full article

The company more than doubled results over comparable periods and exceeded estimates due to stronger economies of scale and valuation adjustments in its favor. View the full article

Multifamily debt held by all capital sources continues to grow at a faster pace than the overall commercial market, the Mortgage Bankers Association said. View the full article

Potential cybersecurity and data privacy violations are among the many dangers of giving the Tesla CEO free rein over systems and data used for Social Security benefits and tax refunds. View the full article

Headlines over real estate sales policies, as well as economic upheaval, are having a negative impact on how insiders are seeing the market today. View the full article

Nations Lending claims two former branch managers diverted business to CMG Financial before leaving to their new place of employment. View the full article

Desmond will be succeeding Pierre Naudé in leading the bank technology provider. View the full article

Sean Desmond, the new CEO of nCino, hinted at some of the products under development in an interview with American Banker. View the full article

Federal Housing Finance Agency Director Bill Pulte is the new chair for both and he has removed several members while adding a few new names at each. View the full article

New residential construction increased 11.2% to an annualized rate of 1.5 million in February, according to government data released Tuesday. View the full article

New York Attorney General Letitia James announced new state legislation to ban unfair and abusive business practices, giving state regulators broader authority to crack down on consumer abuses. View the full article