As-is Mortgages Pre-approval 
Housing Wire
MARCH 10, 2025
The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity.
Housing Wire
MAY 25, 2022
The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan. Loan closings could not proceed until the VA issued its approval, which resulted in a drawn-out process. appeared first on HousingWire.
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Housing Wire
OCTOBER 25, 2024
s largest metros, a monthly mortgage payment is less expensive than the average rent. In Chicago , the typical rent payment is $2,074 per month, but a monthly mortgage payment is $1,640 – a savings of nearly $434 a month by owning rather than renting. In some of the U.S.’s In Pittsburgh , the savings are about $321 a month.
Housing Wire
NOVEMBER 13, 2024
The past two years have been tough, but even before 2021, Black homeownership was either falling or stagnant and remains far from its pre-2004 high of nearly 50%.” Lower-income Black and white mortgage applicants were also found to be paying higher interest rates in general than those of greater means, the report said.
Housing Wire
FEBRUARY 7, 2025
is taking steps to establish a permanent program seeking to protect its older residents with reverse mortgages from foreclosure. council enacted the Fairness and Stability in Housing Amendment Act of 2024 , which amends specific housing agency laws to allow for protections for older district residents with a reverse mortgage loan.
Housing Wire
OCTOBER 28, 2024
Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.
Keeping Current Matters
JUNE 22, 2021
You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. offers for sellers to consider.
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