Mortgage Industry News
A Phil Hall Op-Ed: A 10% Mortgage Rate Under Trump?
Editor Phil Hall opines on Larry Summers’ warning on how Trump will impact the mortgage rates. Continue Reading A Phil Hall Op-Ed: A 10% Mortgage Rate Under Trump?
Mortgage Credit Availability Inches Up
“The overall supply of mortgage credit is still close to 2012 lows,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inches Up
MBA: Purchase Loan Applications at 28-Year Low
The adjustable-rate mortgage share of activity increased to 7.6% of total applications, its highest level in five months. Continue Reading MBA: Purchase Loan Applications at 28-Year Low
Foreclosure Inventory Hits 15-Month Low
Among the states, Mississippi had the highest non-current percentage at 7.65% and Colorado had the lowest with 1.95%. Continue Reading Foreclosure Inventory Hits 15-Month Low
MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume
The states with the lowest share of loans that were current were Louisiana, Mississippi, Indiana, New York, and West Virginia. Continue Reading MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume
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