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Better.com Unveils FHA Streamline Refinance Product

Better.com Unveils FHA Streamline Refinance Product

by Phil Hall | Sep 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Better Home & Finance Holding Company (NASDAQ: BETR), also known as Better.com, has rolled out its FHA Streamline Refinance program. According to the New York City-headquartered company, the product is designed to streamline the process for qualified borrowers...
Mortgage Rates Remain Flat

Mortgage Rates Remain Flat

by Phil Hall | Sep 5, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates remained flat in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 5, unchanged from last week. A year ago at this time, it averaged 7.12%. The 15-year fixed-rate...
Mortgage Application Activity Up 1.6%

Mortgage Application Activity Up 1.6%

by Phil Hall | Sep 4, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity ended August on the rise, according to data from the Mortgage Bankers Association (MBA) covering the week ending Aug. 30. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.6% on a seasonally...
Mortgage Rates Drop Again

Mortgage Rates Drop Again

by Phil Hall | Aug 29, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.35% as of Aug. 29, down from last week when it averaged 6.46%. A year ago at this time, it averaged...
Home Mortgage Lending Records Q2 Rebound

Home Mortgage Lending Records Q2 Rebound

by Phil Hall | Aug 29, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.62 million residential mortgages were issued during the second quarter, according to new data from ATTOM. This represents a 23.2% increase from the first quarter but a 1.6% drop from the second quarter of 2023. Purchase loan activity was up by 32.7%...
Mortgage Application Activity Up by a Slight 0.5%

Mortgage Application Activity Up by a Slight 0.5%

by Phil Hall | Aug 28, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications inched up during the week ending Aug. 23, 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...
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