Loan defects are on the rise—and have been for seven months running. Can you guess which state comes with the highest risk?
Read More »Mortgage Loan Apps Increasing
According to a recent report, mortgage loan applications are on the rise. Effective rates were up for 15-and 30-year fixed-rate mortgages as well as 5/1 ARMS. The Refinance Index hit its highest level since November 2016.
Read More »Rates Retreat Back Toward Record Low
Average fixed mortgage rates declined this week, nearing this year’s lows as well as record lows after nudging slightly higher for three consecutive weeks.
Read More »Consumers More Pessimistic About Mortgage Credit Access
Consumers’ experiences in the credit market have improved compared to earlier in the year, but at the same time consumers seem to be more pessimistic about their prospects ...
Read More »Mortgage Rates Steady After Rollercoaster Ride
After a short ride on the rollercoaster triggered by June’s Brexit vote, mortgage rates have steadied and applications are up.
Read More »Brexit Drives Mortgage Rates Down Near All-Time Low
Fixed-rate mortgages are dropping in the wake of the U.K.’s Brexit vote, with 30-year mortgages hitting a three-year low this week.
Read More »Mortgage Rates at Near-Historic Lows
What do near-historic low mortgage interest rates mean for the mortgage industry?
Read More »Fed’s Indecision Causes Another Dip in Mortgage Rates
Mortgage rates and mortgage applications both dropped slightly last week, as jittery investors continued to turn to government-backed bonds in the lead-up to the Federal Reserve’s June meeting and a shaky European market.
Read More »Low Rates Bring in the Mortgage Applications
Mortgage rates moved lower this week after a dismal jobs report, sparking buyers to rush to the market and take out a mortgage loan.
Read More »Mortgage Round-Up: Rates, Applications Move in Opposite Directions
This week, mortgage rates trended up while applications declined as the Federal Reserve sent out large signals that a rate hike is imminent in June, but Friday's employment report could completely derail those plans.
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