Mortgage Industry News
Mortgage Application Activity at Highest Level in Six Weeks
The refinance share of mortgage activity increased to 32.4% of total applications from 31.9% in the previous week. Continue Reading Mortgage Application Activity at Highest Level in Six Weeks
NY Fed: Mortgage Rejection Rates Down Year-Over-Year
The average rejection rate of mortgage applications decreased by 2.5 percentage points to 12.1% in 2023, remaining above the 2019 rate of 10.2%. Continue Reading NY Fed: Mortgage Rejection Rates Down Year-Over-Year
Mortgage Rates Drop to Lowest Point in 4 Months
Source: U.S. News --- The average 30-year fixed mortgage rate fell to 6.46% this week, the lowest it's been since September 2022. Mortgage rates declined across the board this week, with the average fixed rate on a 30-year mortgage falling to 6.46%. This is the lowest...
How to Price Your Home Correctly in Massachusetts
Source: MassRealty --- Proper Housing Pricing in Massachusetts is Essential It can be challenging to price your home correctly, but with some preparation and helpful tips, you can make the process as smooth as possible. When it comes to pricing a home in...
Letter to the editor: How do I tell the difference between a business and consumer mortgage?
Source: firsttuesday Journal --- Question: What is the difference between a business and consumer mortgage loan? Answer: A business mortgage — also known as a commercial loan — is a separate category of mortgage controlled by California rules and practices than 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 Aug. 24-28- The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
- There Isn’t One U.S. Housing Market. We Need to Stop Talking Like The…
- Real Estate’s Next Fight Is Over Who Keeps the Homeowner Relationship
- More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the Hous…
