With the sudden downward trend in mortgage rates, evidence of increased applications is a bright spot as refinance opportunities emerge again, and house hunters plot their spring strategy.
Read More »Mortgage Apps Rise Amid Refi Boost
Mortgage applications rose for the first time in seven weeks as rates trended downward and potential refi candidates jumped in and took advantage of record-low rates.
Read More »Telework Fuels the Need for Increased Housing Inventory
A steady rise in the economy will bring more buyers to the market, as sellers are cashing in on buyers seeking larger spaces to accommodate their work from home situations in the new norm.
Read More »Independent Mortgage Banks Bask in Housing Boom
All-time low rates drove the housing market to new highs in 2020, as independent mortgage banks saw record profits of $4,200-plus per loan.
Read More »Mortgage Apps Slow as Supply Tightens
The demand for mortgage apps continues to slide, falling 5.1% from one week earlier according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA). ...
Read More »Plaza Home Mortgage Promotes Two Execs
The San Diego-based mortgage lender continues growth by naming new Co-President and SVP, CFO.
Read More »CFPB Braces for Mass Forbearance Exodus
With nearly 2.5 million homeowners in forbearance plans set to expire, the CFPB has issued a proposal for mortgage servicers and borrowers to work together to avoid a potential mounting number of foreclosures.
Read More »The Week Ahead: Two Keys Shaping the Spring Homebuying Season
With a U.S. housing inventory short on supply and high on demand, potential homebuyers nationwide await two key factors that will play into their decision-making on whether to ...
Read More »Rise in Rates Pushes Decline in Mortgage Apps
As mortgage rates remain low, an increasing number of homeowners are being shut out by their slight rise and the inability to refinance.
Read More »Refi-Seekers Impeded by Rising Rates
A new survey finds that mortgage apps dropped slightly over the past week, as the rise in rates are turning away would-be refis.
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