Mortgage Industry News
Fannie Mae: Home Sales to Stay Weak Deep Into 2025
Mortgage rates are not forecast to go below 6% until the end of 2025. Continue Reading Fannie Mae: Home Sales to Stay Weak Deep Into 2025
Mortgage Application Activity Drops, Forbearance Levels Rise
The total share of loans now in forbearance increased to 0.27% as of July 31 Continue Reading Mortgage Application Activity Drops, Forbearance Levels Rise
Redwood Trust Announces Launch of Home Equity Investment Platform
“Redwood has a history of bringing innovative solutions to the non-Agency housing market and we are thrilled to begin directly offering HEI,” said Christopher Abate, CEO of Redwood. Continue Reading Redwood Trust Announces Launch of Home Equity Investment Platform
Ouch! Mortgage Application Activity Sinks to 27-Year Low
“Both purchase and refinance applications fell, with the purchase index hitting a 28-year low,” said MBA’s Joel Kan. Continue Reading Ouch! Mortgage Application Activity Sinks to 27-Year Low
Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
“The national mortgage delinquency rate remained at a historic low in June,” said Molly Boesel, principal economist for CoreLogic. Continue Reading Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
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