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Tag Archives: rates

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 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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Mortgage Apps Decline

Homebuyers held off on purchasing mortgage during the week despite interest rates remaining stable. Here’s how these factors affected refis and other loans.

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