In the first week of 2024, mortgage rates continued to stick around the mid 6% mark.The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, a slight increase from the 6.61% rate recorded on Dec. 28, according to Freddie Mac‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixe

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive.In fact, some 60% says that interest rates will go down in th

Editor in Chief Sarah Wheeler sat down with George Brady, loanDepot’s chief information officer, to discuss the company’s evolving tech strategy and how he thinks long-term about tech in a rapidly changing environment.Sarah Wheeler: You joined loanDepot in 2021 from Capital One. What drew you into t

Mortgage tech firm Blend aims to court more lenders as it now supports Fannie Mae’s Desktop Underwriter (DU) early assessment enhancement with a direct integration from Blend’s soft credit pull function.DU early assessment gives lenders more options for their pre-qualification process in DU. Lenders