Tag Archives: USDA

New Jersey-based lender taps 15-plus year industry vet for new leadership role expanding the company’s origination division and overall business development.

With mortgage rates hitting the 5%-mark, potential buyers have tapped the brakes on home purchases as application volume dives yet again.

With mortgage rates jumping for four consecutive weeks, overall mortgage application volume continues to suffer, dropping 6.3% over the previous week.

Driven by last week’s Fed rate hike, both purchase and refi apps tailed off week-over-week, as fixed-rate mortgages advanced beyond the 4% mark, pricing many first-time buyers out of the market.

Renters are at particular risk of natural disasters, especially those in manufactured homes, and may have few options to turn to after a significant event.

Along with a strain in purchase activity, the MBA's estimate of new home sales fell in January to its slowest annual pace since July 2021.

Overall purchase and refi application volume has dropped week-over-week, as rates jumped following a three-week stretch of stability.

Here’s why applications for new mortgage loans decreased. Also, learn how government refinance loans are striking back.

After rising steadily for two weeks, here’s why mortgage loan applications declined.

A new report revealed the factors driving a decline in mortgage credit availability while breaking down credit across various loan categories.