Mortgage rates cool off ahead of inflation reading

In anticipation of Tuesday’s inflation reading, mortgage rates eased compared to last week.HousingWire’s Mortgage Rate Center showed the average 30-year fixed rate for conventional loans at 7.08% on Tuesday, down from 7.17% one week earlier. At the same time one year ago, the 30-year fixed rate aver
Read MoreRedfin’s relaunched homebuyer refund program now available nationwide

A little over a month after formally relaunching homebuyer refunds under its Sign & Save program, Redfin announced that Sign & Save is now available to clients nationwide.In an announcement on Tuesday, the brokerage noted that it had expanded the program to more than a dozen additional markets, incl
Read MoreCommentary: What an industry pro learned after helping his parents get a reverse mortgage

I have been in the mortgage industry for more than two decades and have been working with reverse mortgages for about 12 of those years. Working in this space for so long, I thought I knew the ins and outs of a reverse mortgage, but it wasn’t until I experienced one firsthand that some things really
Read MoreAltos: Housing inventory could grow 40% this year

Last fall when people were still expecting mortgage rates to be falling this year, it was common to assume rates would be in the low 6s or 5s this year and people asked me if lower rates would bring a flood of inventory. The suspicion was that there were a bunch of sellers who were waiting to sell:
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