Mortgage applications fell another 2.7% last week as higher borrowing costs continued to squeeze homebuyers and borrowers seeking to refinance, according to the Mortgage Bankers Association’s October 14 survey. Adjustable-rate loans accounted for 10.5% of...
Adjustable-rate mortgages are taking a larger share of the mortgage market as borrowers search for payment relief from higher fixed rates, but the stock of existing ARM loans remains far smaller than it was before the financial crisis. The October 2026 ICE Mortgage...
Angel Oak Mortgage Solutions LLC, the Atlanta-headquartered wholesale and correspondent non-qualified mortgage (non-QM) lender, has expanded is product line with the debut of 5-year and 7-year Adjustable-Rate Mortgages (ARM). According to the company, the new ARM...
Adjustable-rate mortgages (ARMs) have gained in popularity among borrowers seeking home loans from large banks, according to a new data report from the Federal Reserve Bank of Philadelphia. Conventional ARMs accounted for 25.1% of large bank first mortgage...
Ginnie Mae’s Mortgage-Backed Securities Portfolio Reaches $3.03 Trill…
