Tag Archives: Refinance

Low-income families nationwide will have the option to save $100-$250 monthly through new plan on GSE-backed mortgages.

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.

As the industry shakes off the dust of a year like never seen before, the mortgage industry weathered the storm with flying colors, having enjoyed a record year ...

An economist also noted that “homebuyers in early 2021 continue to seek newer, larger homes.”

Third-quarter mortgage origination activity is on track to break quarterly records for purchase, refinance, and total lending volumes while pushing 2020 originations to the $4 trillion threshold, according ...

According to a recently published Zillow report, mortgage rates are still hovering at all-time lows. This means that those homeowners who have not yet taken the plunge and ...

Could record-low rates drop further, possibly near 3%? Joe Tyrrell, COO, Ellie Mae, delves into the current refinance boom and if millennials can achieve homeownership in this market. This feature originally appeared in the June issue of MReport.

Additionally, purchase applications for mortgages posted their first increase in several weeks. Click through for more information.

Homeowners between the ages of 30-and-40-years old made up 41% of the market. What share did younger borrowers account for?

While the purchase rate fell from the prior week, an insider said the next few weeks will be key to see if falling rates bring in new buyers.