Mortgage demand drops 22% during holidays as rates move higher

January 2, 2025 by bp56691

Rising mortgage rates suppressed applications in the MBA’s final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays.

Uplist’s Jeff Bell on finding efficiencies for loan officers

December 12, 2024 by bp56691

Jeff Bell, president of UpWell Mortgage and Uplist, talks about the industry turning a corner after two rough years.

How Rocket Mortgage plans to win in 2025

November 15, 2024 by bp56691

Rocket Mortgage’s strategy for 2025 includes acquiring more mortgage servicing rights to capitalize on its eye-popping 85% recapture rate.

Better introduces VA refi loan with no appraisal or closing costs

November 11, 2024 by bp56691

New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs.