Refinance loans saw more closings than any other mortgage loan in January, with refis representing 45 percent of all closed loans, according to the monthly Origination Insight Report ...
Read More »Mortgage Apps on the Rise
Strong economic fundamentals and a growth in jobs were complemented by a rise in the number of people buying homes at the beginning of 2018 according to data ...
Read More »Mortgage Credit Availability Increased in January
Mortgage credit availability increased by 2.1 percent to 182.9 points in January according to the Mortgage Credit Availability Index (MCAI) data released on Tuesday. The MCAI, a report ...
Read More »Rising Interest Rates See Mortgage Applications Decline
A rise in mortgage interest rates saw mortgage applications decrease 2.6 percent from one week earlier, according to data from MBA Weekly Mortgage Applications Survey released on Wednesday. ...
Read More »Housing Market Indicators Point to Robust Growth
Getting mortgage became easier, home prices increased, and first-time homebuyers were more likely to take a smaller loan according to a report that studied the indicators of the housing market that remain strong.
Read More »Mortgage Industry Reacts to Government Shutdown
As day three of the government shutdown begins, the concern about its impact on mortgage lending grows.
Read More »Mortgage Applications Start the Year Right
Mortgage loan applications rose 8.3 percent in the first week of January, reflecting an optimistic housing market.
Read More »Conventional Mortgage Loans Most Popular With Millennials
Lower FICO score requirements by some lenders to attract potential first time buyers notwithstanding, credit scores for millennial homebuyers dropped according to a report.
Read More »Senate Banking Committee Votes Yes on Brian Montgomery Nomination
Today during a nomination hearing held by the U.S. Senate Banking Committee Brian Montgomery was approved as Assistant Secretary for Housing—Federal Housing Commissioner, U.S. Department of Housing and Urban Development. His nomination will now move to a full Senate vote.
Read More »Mortgage Insurance Fund Results: What’s the Impact?
As the FHA released its Annual Report to Congress—reporting results from FY 2017—what does this mean for the future of housing?
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