Mortgage Industry News
30-Year Fixed-Rate Mortgage at 2-Year Low
The 30-year fixed-rate mortgage averaged 6.08% as of Sept. 26. Continue Reading 30-Year Fixed-Rate Mortgage at 2-Year Low
Mortgage Application Payments Down by Nearly 4%
The national median mortgage payment for conventional loan applicants was $2,056. Continue Reading Mortgage Application Payments Down by Nearly 4%
First National Bank of Long Island to Offer Home Loans Through Rocket Mortgage
“We are committed to providing innovative ways to best serve our clients,” said Chris Becker, the bank’s president and CEO. Continue Reading First National Bank of Long Island to Offer Home Loans Through Rocket Mortgage
MBA Predicts Increased Mortgage Origination, Mild Recession in 2024
The trade group also predicted purchase originations will increase 11% to $1.47 trillion next year. Continue Reading MBA Predicts Increased Mortgage Origination, Mild Recession in 2024
Philadelphia Fed Chief: ‘We Can Hold Rates Where They Are’
“I’m telling you something you already know: the rate of inflation in housing prices is similarly down from its peak levels,” he said. Continue Reading Philadelphia Fed Chief: ‘We Can Hold Rates Where They Are’
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