Mortgage Industry News
Better.com Unveils FHA Streamline Refinance Product
Vishal Garg, CEO and founder of Better.com, said the product reduces “the traditional barriers that exist for FHA borrowers.” Continue Reading Better.com Unveils FHA Streamline Refinance Product
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 5, unchanged from last week. Continue Reading Mortgage Rates Remain Flat
Tunnel to Towers Launches Fifth Annual Season of Hope Campaign
The foundation is planning to deliver more than 200 mortgage-free homes to families across its programs. Continue Reading Tunnel to Towers Launches Fifth Annual Season of Hope Campaign
Mortgage Application Activity at Highest Level in Six Weeks
The refinance share of mortgage activity increased to 32.4% of total applications from 31.9% in the previous week. Continue Reading Mortgage Application Activity at Highest Level in Six Weeks
NY Fed: Mortgage Rejection Rates Down Year-Over-Year
The average rejection rate of mortgage applications decreased by 2.5 percentage points to 12.1% in 2023, remaining above the 2019 rate of 10.2%. Continue Reading NY Fed: Mortgage Rejection Rates Down Year-Over-Year
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