Mortgage rates and lending news
President Donald Trump on Friday demanded that the Federal Reserve cut interest rates, threatening to halt trade with countries with which the U.S. runs a trade deficit if the central bank does not co...
Sep 04, 2026 · 5 min read
Nearly four years after mortgage rates surpassed 6 percent for the first time since the height of the 2008 financial crisis, borrowing conditions for homeowners and prospective buyers have remained st...
Sep 04, 2026 · 5 min readKey Takeaways A divorce decree alone does not remove your ex from the mortgage; only a refinance or loan assumption gets them off the loan. A refinance buyout lets one spouse take the home, pay the ot...
Sep 03, 2026 · 5 min readKey Takeaways Property-tax deferral and a reverse mortgage are not independent tools; both place a lien on your home and can collide. A reverse mortgage generally has to sit in first-lien position, wh...
Sep 03, 2026 · 5 min readKey Takeaways Right after closing, federal law gives a 3-day right of rescission to cancel a reverse mortgage outright. After that window, you can still exit by paying off or refinancing out of the HE...
Sep 03, 2026 · 5 min readKey Takeaways A LESA is money a reverse mortgage (HECM) holds back to cover your future property taxes and insurance. It is triggered by the HECM financial assessment, usually when credit or income ra...
Sep 03, 2026 · 5 min readKey Takeaways Savings and high-interest personal loans aren’t your only way to fund aging-in-place modifications like ramps, grab bars, and walk-in tubs. Home equity options (a small HELOC, FHA 203(k)...
Sep 02, 2026 · 5 min readRocket Mortgage has filed an amended complaint that accuses United Wholesale Mortgage (UWM) of violating contractual restrictions on soliciting borrowers whose mortgage servicing rights (MSRs) were so...
Sep 02, 2026 · 5 min readHome Equity Conversion Mortgage (HECM) origination activity sank again in August, with the nation’s top 100 lenders endorsing 1,919 loans during the month, down 5.7% from July. That represented the “l...
Sep 02, 2026 · 5 min readEverything You Need To Know About Commercial Foreclosures
Sep 01, 2026 · 5 min readKey Takeaways A second mortgage is a loan subordinate to an existing mortgage. A home equity loan offers a lump sum that you repay over a fixed term. A home equity loan or HELOC typically becomes a se...
Aug 31, 2026 · 5 min readHigher mortgage rates have tended to slow housing data over the past few years and that has been the case in 2026. But this year has been a bit more orderly since mortgage rates haven’t broken over 7%...
Aug 29, 2026 · 5 min readWhat does the Wall Street Journal have against nonbanks? That was my first thought when I read the Journal’s recent op-ed: UWM is a government mortgage canary. The op-ed used UWM’s announcement of a $...
Aug 29, 2026 · 5 min readAn op-ed published earlier this month by The Wall Street Journal has raised the eyebrows of at least one mortgage industry leader, who penned a rebuttal this week about the outlet tying a capital infu...
Aug 28, 2026 · 5 min readOur #1 priority is that our readers make great financial decisions. That's something we don't compromise on even if we make less money because of it. While we are compensated by our lending partners, ...
Aug 25, 2026 · 5 min readKey Takeaways We checked every major lender’s “no closing costs” claim directly against its current disclosures — several advertised offers turned out to be conditional or clawback structures, not gen...
Aug 25, 2026 · 5 min readWhat Is Defeasance in Commercial Real Estate? How the Process Works
Aug 25, 2026 · 5 min readThe VA reopened its main foreclosure-prevention tool on June 15, 2026, after a gap of roughly 13 months in which more than 10,000 veterans lost homes to foreclosure sales. If you are behind on a VA-gu...
Aug 24, 2026 · 5 min readKey Takeaways Home equity loans do not have a set minimum income requirement, but you must document enough income or eligible assets to repay the loan. Many lenders prefer a debt-to-income ratio (DTI)...
Aug 24, 2026 · 5 min readKey Takeaways You can access your home’s equity without refinancing your current mortgage. Home equity loans and HELOCs are the most popular ways to pull cash without a refi. The best option depends o...
Aug 20, 2026 · 5 min read