Freddie Mac reports a second week-over-week slide in the 30-year fixed-rate mortgage, as markets adjust to the Fed’s second consecutive pause in rate hikes. Here are the factors a Freddie Mac economist says are allowing the housing market to “remain stagnant.”
Read More »Millennials Jump to Refinance Mortgages
Scores of millennials leaped at the chance to refinance their mortgages in September, according to the latest Ellie Mae Millennial Tracker. During that month, there was an acceleration ...
Read More »Millennial Refinance Trends as Interest Rates Decline
The average interest rates on all 30-year notes fall and millennial homeowners are closing more refinance loans, but days-to-close rises.
Read More »Homebuyers: Shopping Around for Savings
Here’s how homebuyers looking for sweet deals on their mortgage could save more, even in a low-rate environment, according to a study.
Read More »Mortgage Loans Closing Faster
One factor in particular might be helping lenders reduce their closing time on loans. But what is ensuring that the closing rates remain high?
Read More »Tracking the Rise and Fall in Mortgage Applications
A new report suggests homebuyers are responding favorably to the current mortgage market. Here’s why.
Read More »What’s Impacting Post-Close Loan Defects?
Here’s how certain lender operations affected critical defects of post-close loans, according to an analysis.
Read More »Ellie Mae Weighs in on Originations
The percentage of refinances continue to remain low as interest rates rise. Here’s a breakdown of how other loans performed.
Read More »Apps Rise as Borrowers Return to the Market
Stable mortgage rates for most of this month has seen the application for mortgage loans increasing among borrowers, according to a survey. Here’s a break down of how various loans performed.
Read More »Mortgage Applications Slip Again
As mortgage rates continued to climb, loan applications declined for the second week. But how did they perform compared with last year? Click through to learn more.
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