Dream Finders Homes Inc (DFH) is a homebuilding company that designs, builds, and sells single-family homes, townhomes, and condominiums. The company operates in various regions across the United States, including the Southeast, Mid-Atlantic, and Midwest regions. DFH caters to a wide range of homebuyers, from first-time buyers to luxury home seekers, by offering a variety […]
Read MoreKopin Corporation (KOPN) Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. Taseko Mines Limited (TGB) Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, […]
Read MoreMr. Cooper Group Inc. (COOP) is a mortgage loan servicer and originator based in the United States. The company operates primarily through its flagship brand, Mr. Cooper, and is focused on delivering a variety of mortgage-related services. Its core activities include servicing existing mortgage loans, originating new mortgage loans, and offering refinancing options to homeowners. […]
Read MoreePlus inc. (PLUS) ePlus inc., together with its subsidiaries, provides information technology (IT) solutions that enable organizations to optimize their IT environment and supply chain processes in the United States and internationally. Warrior Met Coal, Inc. (HCC) Warrior Met Coal, Inc. produces and exports non-thermal metallurgical coal for the steel industry. Ryman Hospitality Properties, Inc. […]
Read MoreUWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company originates mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan.
Read MoreArbor Realty Trust, Inc. (ABR) Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. Apollo Commercial Real Estate Finance, Inc. (ARI) Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that originates, […]
Read MoreUWM Holdings Corporation (UWMC) UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company originates mortgage loans through wholesale channel. Dole plc (DOLE) Dole plc engages in sourcing, processing, marketing, and distribution of fresh fruit and vegetables worldwide. Teekay Corporation (TK) Teekay Corporation engages in the international crude oil […]
Read More(Bloomberg) — US mortgage rates retreated sharply for a second week, hitting a two-month low and providing a bit of traction for the beleaguered housing market. The contract rate on a 30-year fixed mortgage decreased 23 basis points to 6.67% in the week ended Nov. 18, according to Mortgage Bankers Association data released Wednesday. Rates […]
Read More(Bloomberg) — Home ownership has reached a milestone in the US. Nearly half of mortgaged properties were considered equity-rich in the second quarter — meaning owners had at least 50% in home equity. This marked the ninth straight quarterly rise, fueled by soaring house valuations in the pandemic era and an increase in down payments […]
Read More(Bloomberg) — US mortgage rates posted the biggest drop in more than two years, offering homebuyers a slight reprieve from this year’s massive surge in borrowing costs. The average for a 30-year loan declined to 5.10% from 5.25% last week, Freddie Mac said in a statement Thursday. That was the biggest decline since April 2020, […]
Read MoreFor many foreign-born individuals living in the United States, owning a home is one of the cornerstones of the American dream. But there’s a perception among some non-U.S. citizens that there’s no way they can obtain a mortgage, thus creating a huge barrier to that goal. However, according to the National Association of Realtors (NAR), […]
Read MoreA Bloomberg story by Carmen Arroyo today underscores the cost-cutting focus I’m increasingly hearing from mortgage lenders this month. Mortgage layoffs and cost cuts are normal as rates rise, but lenders will still fund $2.6 trillion in 2022. Here are some bullet points on which lenders will thrive vs. struggle as this plays out. – […]
Read MoreYoung female mountain climber While homeownership is called “the American Dream,” owning a home also means taking out a mortgage for most people. And you don’t truly own your home until the mortgage is paid off, so many families want to pay their mortgage off quickly. If you really set your mind to it, you […]
Read More(Bloomberg) — Mortgage rates in the U.S. dipped for the first time in a month. The average for a 30-year loan was 3.55%, down from 3.56% the prior week, Freddie Mac said in a statement Thursday. The dip may reassure homeowners there’s still opportunity to save money by refinancing. Still, borrowing costs are expected to […]
Read MoreMortgage rates surged again this week on inflation concerns, hitting the highest point in 22 months that sent homebuyers scrambling to lock in rates. Many homeowners, on the other hand, face a shrinking opportunity to refinance. The rate on the 30-year fixed rate mortgage – the most common home loan for buyers – increased to […]
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