Mortgage Industry News
Independent Mortgage Banks Report Q1 Net Production Losses
The average production volume was $384 million per company in the first quarter. Continue Reading Independent Mortgage Banks Report Q1 Net Production Losses
Mortgage Rates Drop Below 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.57%. Continue Reading Mortgage Rates Drop Below 7%
Mortgage Rates Are Up Again
“Higher interest rates continue to dampen activity in interest rate-sensitive sectors,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Up Again
Mortgage Delinquency Rate Crashes to All-Time Low
CoreLogic noted that 14 states posted an annual increase in overall delinquency rates in May. Continue Reading Mortgage Delinquency Rate Crashes to All-Time Low
JD Power: Mortgage Servicing Customer Satisfaction Down Amid Financial Stress
Among the major servicers, Rocket Mortgage ranked the highest with a score of 686 out of 1,000. Continue Reading JD Power: Mortgage Servicing Customer Satisfaction Down Amid Financial Stress
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