United Wholesale Mortgage (UWM) has announced a new partnership with Bilt, the housing and neighborhood loyalty platform. According to the companies, UWM is the first mortgage platform that will allow its loan customers to earn Bilt Points with every on-time mortgage...
The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
The national median mortgage payment in July was $2,127, down from $2,172 in June, according to data from the Mortgage Bankers Association (MBA). On a year-over-year basis, the sum was down $13, equal to a 0.6% decrease. The national median mortgage payment for...
A pair of new data reports showed a slight decline in mortgage rates and a slight uptick in homebuyer affordability. The 30-year fixed-rate mortgage averaged 6.72% as of July 31, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC)....
Homebuyer affordability improved last month as the national median payment applied for by purchase applicants dropped by 0.8% from $2,057 in August to $2,041 in September, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index....