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Tag Archives: Purchase Loans

Homebuying vs. Mortgage Apps

mortgage application

Application volumes declined for the third week as a tough home buying market began to make an impact. Click through to learn what other factors affected apps.

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An Uptick in Purchase Loans

Underwriting

Despite a tough home buying market and rising rates, April saw an increase of purchase loans that were closed according to a report. What are the factors likely to impact these numbers going into summer?

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Mortgage Costs vs. Credit Scores

credit scoring

Borrowers with lower credit scores paid much more in additional costs to get a mortgage according to a report. Here’s how credit profiles affected loan prospects for borrowers.

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Mortgage Apps Decline

Underwriting

Apps decreased for the second consecutive week as rising rates continued to keep borrowers away from mortgage loans. Here’s a breakdown of how various loan application indices performed.

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