The Tunnel to Towers Foundation has launched its fifth annual Season of Hope campaign, with the goal of delivering 40 mortgage-free homes to eligible recipients by Christmas Eve. This year’s Season of Hope began with the foundation’s pledge to pay off the mortgage on...
The mortgage market is heading into the Thanksgiving holiday weekend on the upswing, according to new data from the Mortgage Bankers Association (MBA) tracking the week ending Nov. 17. The Market Composite Index, the trade group’s measure of mortgage loan application...
Year-over-year rejection rates declined for new mortgage applications last month, according to new data from the Federal Reserve Bank of New York’s Survey of Consumer Expectations Credit Access Survey, which attributed the downturn as a likely reflection on the...
Mortgage applications for new home purchases during October were up by 6% from September and up by 39.7% from one year earlier, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated new single-family home sales were running at a...
Mortgage rates continued to decline for the third consecutive week in the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.44% as of Nov. 16, down from last week when it averaged 7.5%. A year ago at this...
An average of 361 home improvement loans are originated for every 100,000 owner-occupied houses, according to a new data report by LendingTree (NASDAQ:TREE). Also on average, 77.8% of new home improvement loans across the 50 states are second-lien mortgages. And among...
Hits and Misses for the Real Estate Week of Aug. 10-14
