Mortgage Industry News
Mortgage Application Activity Takes A Dive
“The ARM share of applications rose slightly to 7%, the highest since April 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Takes A Dive
July New Home Purchase Mortgage Applications Up 35.5%
Mortgage applications for new home purchases in July increased by 35.5% year-over-year, according to new data from the Mortgage Bankers Association (MBA). Compared to June, applications inched up by 0.2%. MBA estimated new single-family home sales were running at a...
Mortgage financing options in a higher interest rate environment
Source: Consumer Financial Protection Bureau --- Over the past two years, interest rates have risen from historical lows to as high as 7% for 30-year fixed-rate mortgages. Interest rates have remained elevated at levels that haven’t been seen for nearly 20 years....
Mortgage refinance demand surged 6%, as rates dropped to the lowest level since September
Source: CNBC --- Mortgage interest rates dropped again last week, and while that did little to bolster demand from homebuyers, it did send homeowners looking for savings on their monthly payments. Applications to refinance a home loan jumped 6% last week from the...
3 Signs You’re About to Use the Wrong Mortgage Lender
Source: The Ascent --- These days, signing a mortgage means taking on a really big financial commitment. Home values are still elevated on a national level, and mortgage rates are the highest they've been in decades. And so chances are, if you're taking out a...
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10- NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
- First-Time Homebuyers Accounted for 21% of the Texas Housing Market
- Mid-Atlantic Region Records Spike in Listings
- Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
