Author: Michael Gersitz

The average rate for a 30-year conforming fixed-rate mortgage fell to a record low of 3.1%, on Thursday, according to data from Optimal Blue. It came after a rocky ride that saw rates jump to a one-month high on the

Google announced it is tightening its policies, prohibiting employment, housing and credit advertisers from targeting or excluding ads based on certain demographics and ZIP codes. The company explained that it has long prohibited advertisers from targeting users based on “sensitive categories”

A Quicken Loans IPO valuing the company in the tens of billions may be imminent. If true, this is huge for two reasons: as America’s largest mortgage lender, Quicken Loans would set the challenger bank valuation tone, and being public

Today, HousingWire’s engage.marketing virtual event jumped off, and honestly, I could have maxed out a thumb drive with notes. But instead of writing the mortgage and real estate marketing version of The Odyssey, I’ll just give you a few of

In April, the National Association of Home Builders/Wells Fargo Housing Market Index measuring builder confidence registered its single greatest decline with a 42-point plummet. Today, however, NAHB is exuding confidence that its members will help bring the coronavirus-disrupted country back

Realtor.com on Thursday released a new way to track the progress of the housing market amid the COVID-19 pandemic: The Housing Market Recovery Index. The creation of the index was triggered by COVID-19 events that began in mid-March, said Javier

UPDATE: This story was updated on Thursday with a statement from a Quicken Loans spokesperson. Quicken Loans, the No. 1 mortgage lender in the U.S., is preparing an initial public offering, according to an article by CNBC. The article explained

At the beginning of COVID-19, people were calling the virus the “great equalizer” because the virus was expected to equally affect people regardless of race. However, the opposite quickly became apparent as communities of color have been disproportionately and overwhelmingly

The National Association of Realtors announced on Wednesday it is introducing implicit bias training to its Realtor members and association staff. A 50-minute video began circulation to NAR members and staff as a partnership with the Perception Institute. The video

Fannie Mae sent out a lender letter Thursday announcing that it is extending the application deadline for it’s temporary policies until July 31, 2020. “We are extending the temporary policies in this lender letter to loans with application dates on

Real estate tech company Haus has raised $15.75 million in Series A funding led by BlueRun Ventures. The funding round was also joined by Assurant Growth Investing, Leap Global Partners and RIT Capital. The company said the financing will be

The average U.S. rate for a 30-year fixed mortgage rose three basis points to 3.21% this week, not far from the 3.15% all-time low set at the end of May. The average rate increased from 3.18% in the prior week,

Many companies continue to hire amid the pandemic as the unemployment rate declined 13.3% in May. One of those is Paragon Title, which is looking to add five to six employees to their real estate settlement staff. Founded in 1981,

Unlike many other media companies, HousingWire has continued hiring during the coronavirus pandemic. We’ve even had one of our recent hires, Alex Roha, featured in a ZipRecruiter ad! From “The Way I Heard It” with Mike Rowe HousingWire currently has

In February, the U.S. Census Bureau released its homeownership report which indicated that 2019, like the four years that came before it, was a positive year for Hispanic homeownership. Hispanics have been driving homeownership growth in America for more than

Despite the Federal Reserve chairman’s aversion, negative rates increasingly possible, but not negative mortgage rates – yet. With central banks lowering interest rates to all-time lows, investors flooding into safe investments driving prices up (and yields down), and the need

Ben Carson, secretary of the Department of Housing and Urban Development, told Congress on Tuesday that he supported Deferred Action for Childhood Arrival recipients being eligible for mortgages backed by the Federal Housing Administration. Carson initially denied in his testimony