Mortgage Industry News
Mortgage Application Activity Declines Again
The Refinance Index decreased 14% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Declines Again
NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
California’s San Jose-Sunnyvale-Santa Clara market was the most severely cost-burdened market during the first quarter. Continue Reading NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
Mortgage Rates Rise For Third Straight Week
The 30-year fixed-rate mortgage averaged 6.96% as of Aug. 10, up from last week when it averaged 6.90%. Continue Reading Mortgage Rates Rise For Third Straight Week
MBA: Mortgage Application Volume Down 3.1%
The Refinance Index fell by 4% from the previous week and was 37% lower than the same week one year ago. Continue Reading MBA: Mortgage Application Volume Down 3.1%
Lower Mortgage Delinquency Rates on Hurricane-Impacted Homes with Modern Building Codes
“Modern building codes provide stability when weather-related disasters occur,” said CoreLogic’s Tanya Havlicek. Continue Reading Lower Mortgage Delinquency Rates on Hurricane-Impacted Homes with Modern Building Codes
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