Mortgage Information

What the 2026 Housing Market Shift Means for Buyers

Foreclosure Market
After several years of intense competition, limited inventory, and rapidly rising prices, buyers are beginning to see a different environment emerge. Mortgage rates remain high, affordability is still difficult, and…

Home Price Growth Slows to Near Zero in Several Major U.S. Markets

Foreclosure Market
New housing data shows that home price growth has slowed significantly in early 2026, with several major metropolitan areas recording flat or near-zero annual appreciation. After years of rapid increases,…

Mortgage Rates Dip Slightly as Inventory Expands Ahead of Spring Market

Foreclosure Market
As the spring housing season approaches, mortgage rates have edged slightly lower, offering cautious optimism to buyers navigating affordability challenges. The average 30-year fixed mortgage rate recently dipped below 6.1%,…

United States Justice Department Sues Bank of America Over Faulty Mortgage Securities

Mortgage Information
Bank of America’s reputation has been very lackluster as of late. In early August, the Justice Department sued them for losses of about $850 million in mortgage securities. They didn’t…