Mortgage Industry News
Mortgage Application Activity and Forbearance Levels Go in Decline
The MBA reported the total number of loans now in forbearance decreased to 0.40% as of Jan. 31. Continue Reading Mortgage Application Activity and Forbearance Levels Go in Decline
Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
Homebuyers with a Rocket mortgage earn 10% back on the last 12 months of rental payments Continue Reading Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. Continue Reading Mortgage Rates Drop Again
New Click n’ Close Loan Program Aimed at Rural Markets
The new product is designed to aid homebuyers with down payment assistance, with availability in select markets. Continue Reading New Click n’ Close Loan Program Aimed at Rural Markets
Mortgage Application Activity Up 7.1%
The refinance share of mortgage activity increased to 31.6% of total applications. Continue Reading Mortgage Application Activity Up 7.1%
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