Fannie Mae reports mortgage rates have risen once again, further widening the gap many prospective buyers are attempting to overcome to attain the American Dream.
Read More »GSEs Commit to Assisting Borrowers in Their Native Language
New mandate allows for data collected by the GSEs to be used by lenders to facilitate communications with borrowers in their preferred language.
Read More »Mortgage Rates Hit New 13-Year High
After a slight downtick last week, fixed-rate mortgages began an upward climb once again, with inflation reaching levels last seen in 2008.
Read More »Mortgage Apps Change Course
After weeks of declines, mortgage application volume has trended upward, as refis slowly begin to rise with mortgage rates dipping slightly.
Read More »Tapping the Brakes on Mortgage Rate Hikes
The seven-week streak of rates on the rise has come to an end, as mortgage rates scaled back slightly, with a decline in demand expected to soften home price growth.
Read More »Home Prices Rise YoY in February
Up slightly from January’s total of 19.1%, home prices in the month of February continued to accelerate, recording a 19.8% annual gain.
Read More »Mortgage Application Activity Falls to Four-Year Low
As mortgage rates exceed the 5% mark, mortgage application volume continues to slide downward, falling 8.3% over last week’s totals.
Read More »Rates Rise for Seventh Straight Week
The spring is generally a prime season for house buying, however the recent upswing in mortgage rates has caused some volatility in demand.
Read More »Mortgage Rates Hit 11-Year High
Not since early 2011 have mortgage rates hit the 5% mark, but this week, that became a reality, as elevated home prices and short supply are making the dream of homeownership an expensive proposition.
Read More »Upward Drive in Mortgage Rates Continues to Soften Purchase Activity
Mortgage rates rose once again this week, creeping closer to the 4.75% mark, rapidly closing the door on affordability for many.
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