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?
Read More »Mortgage Costs vs. Credit Scores
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.
Read More »Mortgage Apps Decline Despite Stable Rates
Applications for loans decreased even though mortgage rates remained relatively stable. Here’s how the average contract rates and other indices performed during the week.
Read More »HMDA Data: Loans to Low-Income Borrowers Rose in 2017
A change in regulations saw fewer banks reporting HMDA data, which indicated an increase in home lending. See how other HMDA data indicators performed by clicking through.
Read More »Climbing Mortgage Rates Take a Breather
After rising steadily throughout April, rates dipped slightly over the past week. What were the factors that impacted mortgage rates and how did they affect buyer sentiment? Experts weigh in.
Read More »Mortgage Apps Decline
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.
Read More »Millennial Borrowers Lead the Way in Loan Closing
When it came to home loans, tech-savvy millennials had the fastest closing times, an analysis found. Click through to learn more about which loans were most preferred by young borrowers.
Read More »What Drives Mortgage App Defect Risks?
A recent report has found substantial differences in loan application defect risks across different regions. Click through to learn more about the conditions that can impact this risk.
Read More »Mortgage Apps Feel the Rate Hike Heat
Mortgage loan applications declined as last week’s increase in mortgage rates began to take effect. Here’s how the mortgage app indices performed.
Read More »What Defined Strong Mortgage Originations in March?
Mortgage loan originations showed a strong close for the first quarter as borrowers took more chances on the back of continued growth in interest rates, a report found.
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