Data suggests refi applications are up. But LOs aren’t seeing a surge of business

When mortgage rates logged their sharpest decline of the year last week following an underwhelming jobs report, data showed that refinance demand surged.Despite what seems like welcome news for loan originators, who have suffered through thinning margins for two years, refinance business has yet to

Inside Dakota Johnson and Chris Martin’s Lavish Property Portfolio—as Rumors Swirl They Have Split

Santiago Felipe/Getty Images;Rob Kim/Getty Images for Tribeca Festival; Realtor.comDakota Johnson and Chris Martin are one of Hollywood’s most famous power couples—so when rumors emerged this week that they have called it quits on their romance after seven years together, fans were devastated.During

Texas Megachurch Pastor’s Jaw-Dropping Six-Home Compound Hits the Market for $15 Million

Realtor.comEverything is bigger in Texas—and we’re not just talking about monster-size hail or those 10-gallon hats.This time, it’s a massive compound made up of six separate houses and spread over 24 acres in the Houston suburb of Spring. And with that huge chunk of property comes a very hefty pric

The month in reverse mortgage rates: August 2024

As discussed in previous reverse mortgage rate updates, the federally insured Home Equity Conversion Mortgage (HECM) is the dominant reverse mortgage in America. As a result, HECM has become synonymous with reverse mortgages.But did you know that nearly all HECMs originated today are variable-rate l