California-based mortgage lender loanDepot on Wednesday announced the expansion of its equityFREEDOM portfolio to provide nearly 50 million U.S. homeowners with access to their tappable home equity. The expansion adds 10- and 30-year fixed-term options to the company’s existing 20-year fixed-rate home equity loan, which the company has designed as complements to its first-lien and…
"February 12, 2025" Archives
Archive page
The housing market is starved for relief on mortgage rates, but hope for the Federal Reserve cutting interest rates just took a huge blow. The reading of the consumer price index (CPI) from the Bureau of Labor Statistics came in unexpectedly high, showing a 3% rise for the 12-month period ending in January and 0.5%…
The Innovation, Opportunity & Investment (iOi) Summit will “evolve” to provide year-round education, while signature events will move to other NAR conferences.
The 40-acre estate with multiple structures hit the market last April for $36 million, and the price has been knocked down to $29.95 million as of Feb. 7. Will buyers bite?