Single-family housing starts in April were at a rate of 927,000, according to new data from the US Census Bureau and the Department of Housing and Urban Development. This is 2.1% below the revised March figure of 947,000. Privately-owned housing starts in April were...
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of May 15, up from last week when it averaged 6.76%. A year ago at this time, it averaged 7.02%. The...
An increasing number of people are taking out mortgages while a rising level of homeowners aren’t paying their mortgages. The Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, increased 1.1% on a seasonally...
Beeline Financial Holdings, (NASDAQ: BLNE) a Providence, Rhode Island-based digital mortgage lender, has rolled out its Realtor and Content Creator Partner Program. According to the company, the new initiative is designed to accelerate origination growth in Debt...
Mortgage credit availability remained unchanged from March to April, according to the Mortgage Credit Availability Index (MCAI) data from the Mortgage Bankers Association (MBA). The MCAI remained unchanged at 102.9 in April; the index was benchmarked to 100 in March...
A criminal investigation has been opened by the FBI and the US Attorney’s Office in Albany into allegations of mortgage fraud committed by New York Attorney General Letitia James. The Albany Times-Union first reported the story, which followed a criminal referral...
