Mortgage Application Activity and Forbearance Levels on the Rise
Mortgage applications were on the rise in the latest from the Mortgage Bankers Association (MBA) covering the week ending Nov. 15. However, another MBA report pointed to the fifth consecutive monthly uptick in forbearance levels. The Market Composite Index, the MBA’s...
Mortgage Rates Hold Steady After Climbing for 6 Weeks
Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.78% as of Nov. 14, down from last week when it averaged 6.79%. A year ago at this time, it averaged 7.44%. The...
myCUmortgage in New Partnerships with Six Credit Unions
myCUmortgage, a wholly owned Credit Union Service Organization of Wright-Patt Credit Union in Beavercreek, Ohio, has announced partnerships with six credit unions that will enable these nonprofit financial institutions to expand their home loan services offerings. The...
Mortgage Application Activity in Mild Uptick
Mortgage application activity inched up for the week ending Nov. 8, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted basis from one...
JD Power: Customer Satisfaction with Mortgage Lenders is Down
Consumers are becoming less happy with their mortgage lenders, according to the JD Power 2024 U.S. Mortgage Origination Satisfaction Study. Overall customer satisfaction with mortgage lenders was rated at a 727 level on a 1,000-point scale, down three points from one...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
