Tag Archives: VA

Despite mortgage rates reaching their highest levels since November 2022, overall app volume rose week-over-week, led by an increase in both FHA and VA purchase applications.

A nine-year participant in the originations market, Homepoint has announced the sale of certain assets of the company’s wholesale origination channel to national wholesale lender The Loan Store Inc.

The American Enterprise Institute and Center for Responsible Lending are jointly warning borrowers that cash-out refinances may worsen their financial stability for years to come by shouldering monthly payments that are significantly higher.

After five consecutive weeks of decreases, a slight uptick in mortgage rates forced mortgage app volume to fall nearly 8% week-over-week.

The MBA reports that the downturn in mortgage rates has triggered homebuyer interest, as overall app volume has increased for the second consecutive week, and refinance activity rose 6% week-over-week.

Mortgage rates fell for the fourth consecutive week, and with lingering concerns over less-than-stellar economic growth, overall homebuyer sentiment continues to lag.

San Diego-based lender increases its market share in the Midwest by agreeing to acquire Wisconsin-based Inlanta Mortgage, a lender currently operating in 27 states.

New data from HUD revealed an 11% drop in Veteran homelessness from 2020, the largest decline in 5 years, representing an overall 55% reduction in Veterans experiencing homelessness since 2010.

Rising rates and a dwindling demand for refis has pushed mortgage applications down for a third consecutive week, falling to lows last seen in 2000.

Abby Waltz, National Director for Homes for Heroes, explains how Florida’s new Hometown Heroes Housing Program is a small step in the right direction to assist frontline workers achieve the American dream of homeownership.