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Fraud and Disputes
When Mortgage Rates goes wrong.
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If Your Spouse Is Not on the Reverse Mortgage, One Federal Rule Decides Whether They Can Stay
6+ day, 11+ hour ago (487+ words) A reverse mortgage comes due when the last borrower dies. A spouse who is not on the loan can stay only by meeting these conditions. Over two decades making money matters clear, practical and relatable. October 7, 2026 • Advertising Disclosure A federally…...
Advisors rethink home equity liquidity with mortgage rates topping 7%
1+ day, 7+ hour ago (519+ words) Mortgage rates have climbed back above 7% for the first time in 20 months, and financial advisors say the move is changing how they treat the largest asset on many clients' balance sheets: the family home. Jim Worden, chief investment officer at…...
Office CMBS Delinquency Rate Re-Spikes To 12.2%, Far Worse Than Financial Crisis Peak As End Of Extend-And-Pretend Looms
20+ hour, 2+ min ago (963+ words) Authored by Wolf Richter via WolfStreet.com, The dictum morphs from "Survive till '25" (when low interest rates were supposed to return) to "Sell at today's price, or the lender will." The delinquency rate of office mortgages that have been securitized…...
Rocket Mortgage names Nicole Beattie chief servicing officer
1+ day, 16+ min ago (377+ words) Rocket Mortgage appointed longtime executive Nicole Beattie as chief servicing officer, putting her in charge of a $2 trillion servicing portfolio covering 9.1 million loans after the Mr. Cooper Group acquisition. AI Summary Rocket Mortgage has named Nicole Beattie as its chief…...
Will mortgage rates nearing 8% force lenders to make cuts or close their doors?
1+ day, 1+ hour ago (1079+ words) HousingWire Data shows 30-year conforming rates averaged 7.63% on Tuesday, with FHA rates at 7.59% and jumbo rates at 7.85% after sharp two-week increases. Lenders are citing weaker demand and margin pressure, with some firms announcing layoffs, office closures or channel exits. AI…...
Mortgage Rates Start the Week Near 7.5%: What Buyers Do
1+ day, 4+ hour ago (152+ words) New Delhi: The 30-year fixed mortgage rate averaged 7.49% on Monday, October 5, according to Bankrate, up 0.16 points from a week earlier. The 15-year averaged 6.78%. Freddie Mac (Oct 1): 7.28%, the highest since late 2023 Bankrate weekly survey (Oct 1): 7.38%, the highest since May 2024 NerdWallet (Oct…...
More owner-occupiers go interest-only to ease cash flow
1+ day, 9+ hour ago (420+ words) Ray White chief economist Nerida Conisbee says owner-occupied interest-only lending has jumped 13 per cent in a year, a trend agents may hear about from clients. Interest-only loans accounted for 23.5 per cent of new housing lending in the June quarter, according…...
Consumers' mortgage rate expectations near cycle high after hike
22+ hour, 27+ min ago (441+ words) Homebuyer sentiment edges higher despite the cash rate reaching 4.6% Consumer expectations of higher mortgage rates have jumped since the Reserve Bank (RBA) lifted the cash rate in September, with just over 80% of those surveyed afterwards expecting further rises over the…...
Are interest rates pricing Flagstaff residents out of homes?
1+ day, 13+ hour ago (60+ words) AZ Family Are interest rates pricing Flagstaff residents out of homes? Clash between student, staff member raises questions at Phoenix school AG investigator charged with negligent homicide in death of Mesa mother 6 cars stolen from private lot near Phoenix Sky…...
A week of higher mortgage rates adds to the homebuyer budget squeeze
1+ day, 22+ hour ago (203+ words) Related: Today’s mortgage rates Financing costs can also affect the homes buyers have to choose from, according toSerrater Chapman, director of applied research at the Woodstock Institute, in WTTW’s September 29 report. Chapman expected higher housing payments for new buyers and…...