Despite a surge in volume, loan originator commissions dropped in the second quarter of 2021.
Read More »Refis Spur Rise in Mortgage Apps
After a down week, mortgage application volume is on the rise, with sub-3% rates powering refi volume as more and more are taking advantage of record-low rates.
Read More »Record Gains Found in May Home Prices
Home price data in May resulted in the highest readings in more than 30 years for S&P CoreLogic Case-Shiller recording the metric.
Read More »New Home Purchase Apps Fall 23.8% YoY in June
June home sales suffered for the third straight month, due to a rise in regulatory costs, high-priced materials, and a lack of labor.
Read More »Mortgage Rates Continue a Downward Spiral
As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.
Read More »Mortgage Apps Continue to See-Saw
The up again/down again world of mortgage applications continued this week, dropping after a week of upticks.
Read More »FHFA Waives Adverse Market Refi Fee
Savings will be passed on to consumers, as lenders will no longer be required to pay the GSEs a fee when they deliver refinanced mortgages.
Read More »Mortgage Rates Slide for the Third Consecutive Week
Rates drop even further below 3%, as more are taking advantage of both purchase and refi opportunities with rates in continued record-low territories.
Read More »Purchase and Refi Apps Bounce Back
After a few weeks of declines, mortgage application volume took a giant step forward, as rates continue to dip below the 3% mark.
Read More »Mortgage Rates Fall to 2.9%
For the second straight week, mortgage rates remain under the 3% mark, but will affordability remain a deterrent to prospective homebuyers unwilling to pay for higher-priced homes?
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