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HUD announces Virginia disaster aid following presidential declaration
After a presidential disaster declaration in April, HUD is making relief options available for FHA-insured mortgages and other impacted entities.
Mortgage rates aren’t poised to plummet anytime soon
Mortgage leaders and economists are expressing cautious optimism even as the cost of a home loan remains higher than Americans would like.
Texas mortgage duo rallies industry, Aggies for ALS fundraiser
Houston mortgage duo Cissy and Christopher Larkin are channeling a four-year ALS battle into a widespread fundraiser.
UWM sues broker shop for sending loans to Rocket, Fairway
Shawn John Nevin, CEO of America’s MoneyLine, says UWM’s $2.8M lawsuit is “anticompetitive, anti-American” and won’t survive legal scrutiny.
Positive jobs report sends bond yields higher
The bond market shot up higher as soon as the jobs report came in. Watch for mortgage rates to follow that trend higher.
Here are 4 macro trends impacting the 2022 housing market
The new housing market environment expected in 2022 is underpinned by four macro trends in the economy. So, what are the implications of those trends on the mortgage market?