Mortgage Industry News
Year-Over-Year Applications for New Home Purchases Up for Fifth Straight Month
“New home purchase activity continues to be a bright spot,” said MBA’s Joel Kan. Continue Reading Year-Over-Year Applications for New Home Purchases Up for Fifth Straight Month
Freddie Mac Reports Decline in Mortgage Rates
“As inflation slows, mortgage rates decreased this week,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Freddie Mac Reports Decline in Mortgage Rates
What Is an FHA Loan? Your Guide to This Key Path to Homeownership
Source: Buy Side from WSJ --- If you’re struggling to buy your first home, an FHA mortgage could save the day. These loans, backed by the federal government, are designed to help would-be home buyers with low credit scores or who have trouble saving for big down...
Secrets Mortgage Lenders Don’t Want You to Know
Source: Yahoo! News --- There’s a good chance that your home will be the biggest purchase you make in your lifetime, which is why you’ll likely need a mortgage loan when it comes time to buy. And when it does, you surely want to work with a mortgage lender you can...
Reuters poll: U.S. house prices to fall 12% peak to trough – analysts
Source: Hellenic Shipping News --- A retreat in U.S. house prices will extend into next year, although the expected 12% peak-to-trough drop predicted by analysts polled by Reuters would be just about one-third as severe as the last market correction 15 years ago. Such...
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Recent Posts
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