An economist also noted that “homebuyers in early 2021 continue to seek newer, larger homes.”
Read More »2020 Originations on Track for $4 Trillion Mark
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 ...
Read More »Homeowners Who Haven’t Refinanced Stand to Lose Thousands
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 ...
Read More »Can the Refinance Boom Continue?
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.
Read More »Refinance Activity for Millennials Hits New High
Additionally, purchase applications for mortgages posted their first increase in several weeks. Click through for more information.
Read More »Older Millennials Driving Refinance Surge
Homeowners between the ages of 30-and-40-years old made up 41% of the market. What share did younger borrowers account for?
Read More »Refinances Account for 66% of Mortgage Activity
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.
Read More »Refinances Stable in First Reading of the New Year
Ellie Mae’s latest insight on origination reported there was a change in closing rates during January. Is this good news or bad news for buyers?
Read More »Is the Refinance Boom a Sugar High?
Joe Mellman, SVP Mortgage Business Leader at Transunion, spoke with MReport on the impact of low interest rates of homeowners, inventory constraints, and how to increase the number of purchases in 2020.
Read More »Refi Boom Showing No Signs of Stopping
Click through to find out the reported increase in mortgage applications for the week ending on February 7.
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