With mortgage rates jumping for four consecutive weeks, overall mortgage application volume continues to suffer, dropping 6.3% over the previous week.
Read More »5 Reasons Home Equity Loans Are Coming Back
From pandemic pressures to supply chain challenges, Dan Bailey of WFG Lender Services discusses how homeowners are looking to access their homes’ equity.
Read More »Consumers Face the Supply Chain Fallout
As supply chain and bottleneck issues continue to impact the housing industry, Steve Adamo of Embrace Home Loans spoke with MReport about remedies to alleviate these concerns.
Read More »Mortgage Rates Jump Nearly 1.5% YoY
Fixed-rate mortgages continue to edge closer to the 5% mark, rising once again to 4.67%, as an increasing number of buyers are shut out due to affordability concerns.
Read More »Hike in Mortgage Rates Pushes Overall Apps Further Downward
With mortgage rates hitting a three-year high, the MBA recorded continued declines in both purchase apps and refis last week.
Read More »Fed Rate Hike Pushes Mortgage Rates Toward 4.5% Mark
After the Fed decided to raise rates last week, mortgage rates followed suit and edged up to 4.42%, up 26 basis points over last week and forcing more prospective buyers to the sidelines.
Read More »National Median Mortgage Payment Rises Month-Over-Month
The Mortgage Bankers Association (MBA) has launched a new affordability index aiming to measure how new mortgage payments vary across time relative to their income. The new monthly ...
Read More »Panorama Mortgage Group Names New CFO
Panorama Mortgage Group (PMG), a multi-brand national mortgage company headquartered in Nevada, announced today that Ryan Rathert has joined the firm as Chief Financial Officer effective immediately. In ...
Read More »New Home Purchases Decrease in February
According to the Mortgage Bankers Association's Builder Application Survey (BAS), data for February 2022 shows mortgage applications for new home purchases decreased by 1%, but on a year-over-year basis applications are ...
Read More »Rise in Rates Brings Another Dip in Refi Apps
Overall mortgage application volume fell week-over-week, as investors continue to weigh the impact of rapidly increasing inflation nationwide.
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