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.
Read More »Mortgage Rates Continue Largest Decline Since 2008
Mortgage rates fell for the fourth consecutive week, and with lingering concerns over less-than-stellar economic growth, overall homebuyer sentiment continues to lag.
Read More »Inlanta Mortgage Acquired by Guild Mortgage
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.
Read More »HUD Report: Veteran Homelessness Decreased 11% From 2020
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.
Read More »Mortgage Application Activity Falls to 22-Year Low
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.
Read More »Op-Ed: Program Assists Frontline Workers With Affordability Issues
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.
Read More »The Dawn of a New Reality in Condo, Co-op Lending
Orest Tomaselli of CondoTek explains how sweeping changes by the GSEs as a result of the Champlain Towers tragedy have altered how lenders evaluate borrowers seeking condo and co-op properties.
Read More »Churchill Mortgage Names Kelly Lee Senior VP of Production
Churchill Mortgage announced that it has continued its expansion across the Pacific Northwest with the appointment of Kelly Lee as Senior VP of Production for the Northwest region. ...
Read More »AFR Names Christopher Guerin EVP of Origination and Business Development
New Jersey-based lender taps 15-plus year industry vet for new leadership role expanding the company’s origination division and overall business development.
Read More »Mortgage App Volume Continues to Slide
With mortgage rates hitting the 5%-mark, potential buyers have tapped the brakes on home purchases as application volume dives yet again.
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