Rising interest rates cost homeowners an extra $1,416 per year

According to Zillow’s latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6 percent since Aug. 2017, which breaks down to an extra $118 per month or $1,416 per year.

Rising interest rates cost homeowners an extra $1,416 per year

According to Zillow’s latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6 percent since Aug. 2017, which breaks down to an extra $118 per month or $1,416 per year.

Federal agency launches program to help limited-English speakers

The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited-English-proficiency borrowers.

Total Expert raises $20M, plans expansion into insurance, wealth management

Total Expert provides marketing software for banks, enabling them to monitor and react to consumer behavior online, find and engage new leads around mortgages and other types of loans, and automate communication exchanges while meeting compliance.

Student loan marketplace Credible.com jumps into mortgage industry

Credible.com CEO Stephen Dash explains how he plans to revolutionize the mortgage refinance industry by putting the consumer experience first.

SoFi founder’s new startup launches 5-minute approvals for home equity loans

Disgraced former SoFi CEO Mike Cagney is back with a new venture, just over a year after resigning from the company he helped found over sexual harassment allegations.

Can this app reduce escrow to 10 days for homebuyers?

LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals.

3 ways real estate agents can help renters become homeowners

Here’s how three real estate agents in three distinct markets — New York City, Chicago and Fargo — are helping renters make their dreams come true.

Delinquency rate hits new low

Mortgage delinquency and foreclosure rates hit a 12-year low in July, continuing a streak of month-over-month declines, according to a new analysis Tuesday.

LendingTree acquires QuoteWizard for over $300M

The online lending marketplace LendingTree has agreed to purchase QuoteWizard, one of the largest insurance comparison websites, in a deal worth up to $370.2 million.