Mortgage Industry News
loanDepot Unveils melloNow Underwriting Engine
The company has been beta-testing the system for the last several quarters. Continue Reading loanDepot Unveils melloNow Underwriting Engine
Mortgage Credit Availability Down in November
“Credit availability in November declined to its lowest level in four months, driven by reduced offerings of non-QM and jumbo loan programs,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in November
That 3% Mortgage Just Keeps Getting Better
Source: The Washington Post --- The economy has been stronger and inflation stickier than markets and forecasters expected at the start of 2023, prompting traders to place bets that the Federal Reserve could ultimately raise rates as high as 6% — a level not seen...
Mortgage Rates Surge as Inflation Lingers
Source: US News --- Mortgage rates jumped higher for the second week in a row as investors worry sticky inflation will cause more hawkish policy decisions from the Federal Reserve. The average 30-year fixed mortgage rate rose to 6.73%, from 6.55% the previous week....
Housing, Inflation Data On Tap as Debate Rages on Strength of Economy
Source: US News --- A bevy of economic reports awaits investors and economists in a holiday-shortened week as the government gives updates on a key inflation measure and fourth quarter gross domestic product as well as private readings on the state of the housing...
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
