Tag Archives: FHA

New data from the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) for May 2022 shows mortgage applications for new home purchases have decreased an overall 5% in ...

Orest Tomaselli of CondoTek explains how sweeping changes by the GSEs as a result of the Champlain Towers tragedy have altered how lenders evaluate borrowers seeking condo and co-op properties.

Churchill Mortgage announced that it has continued its expansion across the Pacific Northwest with the appointment of Kelly Lee as Senior VP of Production for the Northwest region. ...

ATTOM released its Q1 2022 U.S. Residential Property Mortgage Origination Report, with data showing that 2.71 million mortgages secured by residential property were originated in Q1 of 2022 ...

American Financial Resources, Inc. (AFR) announced the pleasure of welcoming back Timothy J. Yanoti as President and CFO, where he will be leading the charge for AFR Wholesale ...

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

According to a new report from Redfin, roughly 32% of renters nationwide are doing so because they can’t afford to buy a home in the area they desire ...

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.

Overall mortgage volume tailed off slightly from last week’s totals, as climbing rates continue to dampen refi and purchase activity.