Refis have seen a considerable slowdown as mortgage rates rise. Watch this video to learn how the needs of homeowners who refinance even in a rising rate environment are different from other borrowers.
Read More »Why Borrowers Are Still Sweet on HARP
Despite overall refi volumes at Fannie Mae and Freddie Mac declining in Q2, the FHFA’s quarterly refinance report revealed that borrowers were still opting for loans under HARP, a program that’s scheduled to expire at the end of the year.
Read More »Purchase Loans Hold Steady
The market for purchase loans remained stable in July for the second consecutive month despite rising rates, according to a report on loan originations. See the breakdown of how other loans performed.
Read More »The Impact of Credit Scores on Mortgage Loans
Purchase APRs declined for average borrowers, according to a report analyzing mortgage offers. But how did credit scores impact the additional loan costs for consumers?
Read More »Mortgage Apps, Refis Take a Downturn
New data show that mortgage applications are down to levels not seen in two years. Here’s a breakdown of how applications across various loans performed.
Read More »Understanding Financing Options for Manufactured Housing
As more homebuyers look at manufactured housing to ease the affordability crunch, a recent study looked at four ways in which financing for these homes differed from that for traditional housing units. Here’s what it found.
Read More »Caliber Launches New Jumbo Loans Product
Caliber's jumbo loan borrowers may qualify for up to $3 million in loan funds with as little as 5 percent down and a 700 FICO score by using this product.
Read More »Mortgage Application Fraud Risk Increases in Q2
The risk of mortgage application fraud rose along with an increase in purchase loan applications. Click through to learn which metro had the greatest increase in the fraud risk.
Read More »Credit Scores vs. Lending Rates
Mortgage lending rates for borrowers with great credit got a shade more favorable, according to a report. Here’s how moderate scores impacted mortgage loan borrowers.
Read More »Millennials vs. Credit Scores
A new report found significant difference in credit scores of millennial homebuyers across the country. Do these swings highlight the millennial perception of needing perfect credit scores to qualify for a mortgage?
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