Mortgage Industry News
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
The groups said a confirmation “will sustain the current flow of mortgage capital to home buyers without change or delay.” Continue Reading NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
Mortgage Application Activity Slows to a Crawl
The refinance share of mortgage activity decreased to 30.8%. Continue Reading Mortgage Application Activity Slows to a Crawl
Spring home buying season shows ‘steady demand’ as mortgage rates slip for second week
Source: Fox Business --- The spring home buying season is showing "steady demand" as mortgage rates slip for a second week in a row. On Wednesday, the Federal Reserve raised its key interest rate by a quarter-percentage point and signaled that it could soon pause the...
The number of single women homeowners continues to surpass the number of single men homeowners
Source: Bankrate --- Single women are a force to be reckoned with in residential real estate. Despite dealing with lower incomes than men, a pricey housing market and increasingly expensive mortgages, they comprise the second largest group of homebuyers — and have...
MSR Financing, Marketing, Appraisal, DPA Products; Fannie, Freddie Changes; EU Central Bank News
Source: Mortgage News Daily --- “I got stuck in a conversation with some wealthy people and one woman asked me how my investments were doing. I replied that both avocadoes should be ripe by tomorrow.” Food prices are an everyday reminder of inflation on the spending...
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