Mortgage Industry News
Mortgage Application Activity Up Nearly 3%
The seasonally adjusted Purchase Index increased 6% from one week earlier. Continue Reading Mortgage Application Activity Up Nearly 3%
Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams
“The defendants tried to line their own pockets at the expense of homebuyers, lenders, and federally insured programs,” said US Attorney Ismail J. Ramsey. Continue Reading Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams
Guild Mortgage Acquires Academy Mortgage Corp.
This transaction is Guild’s sixth acquisition since 2021. Continue Reading Guild Mortgage Acquires Academy Mortgage Corp.
A&D Mortgage Offers Leap Year Promotion for Mortgage Brokers
The promotion runs through Feb. 29. Continue Reading A&D Mortgage Offers Leap Year Promotion for Mortgage Brokers
Mortgage Application Activity Down 2.3%
The Refinance Index decreased 2% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Down 2.3%
Should Rising Mortgage Rates Stop You From Buying a Home Right Now?
Source: Nasdaq --- There's a reason so many people clamored to buy homes in 2020 and rushed to refinance their mortgages. For much of last year, mortgage rates sat at or near historic lows, with the 30-year mortgage being available at under 3%. But rates have risen a...
Are Mortgage Applications Increasing?
Source: News Anyway --- Post-Pandemic Mortgage Applications 2021 was predicted to be the year that the housing market recovered. After the lockdown froze the housing supply chain, there was a boom in demand as people came out of the pandemic. Aided by the Stamp Duty...
Czech mortgage rates rise due to inflation, may hit 5 percent next year
Source: Expats --- The average mortgage rate rose for the eighth month in a row but the number of people interested in a mortgage has not decreased. The volume of mortgages provided in October again exceeded CZK 30 billion, according to Fincentrum Hypoindex. Mortgage...
Lifetime mortgages: your questions answered
Source: FT Adviser --- Lifetime mortgages and equity release have proved popular subjects for discussion recently, especially during FTAdviser's latest webinar, in partnership with Legal & General. In fact, the seminar proved so popular we did not have time to...
Study: Digital Mortgages Impact Customer Satisfaction
Source: D Business --- According to J.D. Power in Troy, despite record new loan originations in 2020, mortgage originators have struggled to manage surging refinancing volume. In addition, while mortgage firms have undertaken efforts to streamline the new issuance of...
Investing In Real Estate During College
Source: Ball State Daily --- Being a college student means multitasking between attending your classes and looking for ways to pay back your overflowing student loan. While these setbacks can seem like a challenge to figure out, getting an extra source of income will...
How a Biden Income Tax Proposal Could Affect Real Estate Professionals
Source: Motley Fool --- Key Points The net investment income tax may be expanding. This rule change could have an impact on real estate professionals. The instructions for how to comply will require help from a tax advisor. As we approach the end of 2021, many real...
Applying for a Mortgage (Important Info + 6 Steps)
Source: The Good Men Project --- Applying For a Mortgage is Very Common There are many reasons why as a borrower, you would want to apply for a mortgage. The most obvious is that you cannot afford to buy the house in cash and need to make installment payments on it...
Op-Ed: Address the stigma of asking for mortgage, rent help
Source: Courier Times --- Our community will be impacted by the recent Oct. 31 expiration of local moratoriums on eviction in Bucks and Montgomery counties. Renters who are behind in payments as a direct result of pandemic-related job changes are starting to hit the...
Survey: Mortgage refi crush exposed dangers of digital-heavy approach
Source: Inman --- One-size-fits-all digital workflows are hurting customer satisfaction with mortgage lenders, according to an annual consumer survey that concluded “some level of human interaction” is still required to help borrowers negotiate the application and...
