As mortgage rates surge at their fastest pace in decades, a new Redfin study revealed that homebuyers could save more than $15k over five years by taking out an adjustable-rate mortgage rather than a typical 30-year fixed-rate mortgage.
Read More »Mortgage Rates vs. Homebuyer Demand
Despite mortgage rates inching up again according to a Freddie Mac report, experts give insights into how they could affect homebuyers this spring.
Read More »“Renewed Uncertainty” Hits Mortgage App Rates
Here’s why applications for new mortgage loans decreased. Also, learn how government refinance loans are striking back.
Read More »Fed Hits Pause on Rate Hikes
While Fed Chair Jerome Powell has signaled a pause on rate hikes, here’s how the Fed’s new strategy could impact housing and the economy.
Read More »ARMs Take Record Market Share
A new report reveals why the current market conditions are making ARMs more popular.
Read More »Mortgage Apps and Refis Under Pressure
After rising steadily for two weeks, here’s why mortgage loan applications declined.
Read More »Factors Shaping the Purchase Loans Market
Even as purchase loans made up the bulk of all closed loans in September, according to a report, how will macroeconomic and housing indicators impact the market for these loans in Fall?
Read More »Fixed-rate Mortgages Still the Loan of Choice
90 percent of Reverse Mortgage Backed Securities include fixed rate loans, meaning U.S. mortgage borrowers still choose fixed-rate mortgages as their loan of choice. With the upcoming end of LIBOR, the common ARM index, see what makes fixed rates the preferred loan.
Read More »A Snapshot of Mortgage Rate Performance
While mortgage rates rose across the board, according to the latest data by FHFA, click through for a break down of how interest rates on various loans performed.
Read More »Rising Rates or Not, Borrowers Get Set for Summer
Despite an uptick in mortgage rates, more homebuyers are borrowing as they prepare for the summer homebuying season, according to a report. Click through to learn more about the other origination numbers that are rising with the mercury.
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