Buyers Have Alternatives as Mortgage Rates Rise
Rising mortgage rates are sidelining many would-be homebuyers. But there are two ways to meet the challenge. One option – paying “points” and lowering the rate for the life of the loan – is costly at first, but could be less expensive in the end. The other option –...
Better Mortgage Expands to New Hampshire
Better Mortgage has launched services in two additional states: Hawaii and New Hampshire. The expansion, on the heels of Better Mortgage’s launch in Massachusetts in November, makes the fintech’s mortgage offerings available to 99 percent of the U.S. market, the...
Redfin Grows NH Mortgage Footprint with Bay Equity Acquisition
Online brokerage Redfin has agreed to acquire mortgage lender Bay Equity Home Loans in a move Redfin said would increase its scale and efficiency while giving customers more lending options. “For years, Redfin has talked about becoming a one-stop shop for brokerage,...
Freddie Mac Looks to Rental Payments for Better Credit
In an effort to help renters build credit vital to buying homes, Freddie Mac has launched an initiative that will encourage operators of multifamily properties to report on-time rental payments to credit bureaus. On-time rental payment history is reflected in the...This Week’s Paper: Digital Edition
