Candyd Mendoza
Journalist at MPA - Mortgage Professional America
#web3content writer helping crypto/Web3 companies execute their content strategy through SEO-optimized copy and blogs 🎯 #freelancewriter
Articles
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1 week ago |
mpamag.com | Candyd Mendoza
Economic uncertainty freezes both mortgage rates and short-term policy By 09 May 2025 Mortgage rates barely budged over the past week as the Federal Reserve held short-term interest rates steady, reflecting the ongoing economic uncertainty gripping the housing market. The 30-year fixed-rate mortgage (FRM) averaged 6.76% as of May 8, exactly the same as the previous week, according to Freddie Mac’s latest Primary Mortgage Market Survey.
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1 week ago |
mpamag.com | Candyd Mendoza
Authorities say Schuster ran a Ponzi-style scheme, misusing funds meant for high-end NYC developments By 09 May 2025 A former New York City real estate developer has been arrested and charged with defrauding investors out of more than $10 million in a scheme tied to high-profile real estate projects, federal authorities announced. Joshua Schuster, 41, of Boca Raton, Florida, was charged with wire fraud and securities fraud.
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1 week ago |
mpamag.com | Candyd Mendoza
Despite a flat credit index, lenders expand offerings as conventional and government applications climb By 09 May 2025 Mortgage credit availability was unchanged in April, holding steady after a notable increase in March, according to the Mortgage Bankers Association’s (MBA) latest Mortgage Credit Availability Index (MCAI). The MCAI, which analyzes data from ICE Mortgage Technology, stayed flat at 102.9 for the month.
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1 week ago |
mpamag.com | Candyd Mendoza
Borrowers are pausing purchases, waiting for rates to hit the affordability sweet spot By 09 May 2025 Canada’s housing market may remain in a holding pattern until mortgage rates drop to the magic number of 3%, according to industry experts. Despite some recent rate declines, current borrowing costs still leave many prospective homebuyers on the sidelines. The average lowest five-year fixed mortgage rate, the most popular product among Canadian buyers, currently sits at 3.74%.
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1 week ago |
mpamag.com | Candyd Mendoza
Industry leaders weigh in on whether the Liberals' massive prefab funding plan can realistically double housing starts By 09 May 2025 Now that the Liberals have secured another term in office, the big question is whether they can deliver on their ambitious promises, particularly a $26 billion push into prefabricated homes through a new agency called Build Canada Homes (BCH).
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Thanks, Billi West for the amazing interview! Billi talks about memorable deals and advice for #originators in this exclusive Q&A. Read on to get more insights and tips from successful #mortgage professionals. https://t.co/xx8pohM8p4
🚨 Breaking Mortgage News 🚨 California-based #privatelender CIVIC Financial Services confirms its plan to lay off 200 employees and halt new loan #originations as part of major restructuring. #mortgage #layoffs https://t.co/hUB0HBEDKg
Happy to see my little social media video project come to life 😁 If you're one of my mortgage peeps, check out Mortgage Professional America and watch the full #nonqm panel interview here: https://t.co/SGqqSwJsMN #nonprime #mortgageinsights #NonQM #MP…https://t.co/XQHKYygWUk