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Preapproval key as buyers near sweet spot in a tough market

Homebuyers who are preapproved have the best opportunity to take advantage of fall discounts, giving lenders an opportunity to roll out marketing around this.
Mortgage Rates Start Higher, But Some Lenders Recovered

On average, the top-tier 30yr fixed mortgage rate moved up to another new long-term high today of 7.17%. You'd have to go back to January, 2025 to see anything higher. That said, there's more variability than normal today depending on the lender.  Bonds (which dictate rates) were at their weakest le
Ameritrust sues investors, brokers over $14M loss in Baltimore fraud scheme

Lender says alleged scheme used 300% markups, prepackaged appraisals and title gaps
Pamela Heman

Pamela Heman

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