Mortgage Applications Drop to Lowest Level in 28 Years
Mortgage applications decreased for the fifth-straight week, down 4.2% from last week’s 0.8% dip, according to the latest Weekly Mortgage ...
Tag: Mortgage Industry
Mortgage Rates Surge Over 7% to 21-Year High
The 30-year fixed-rate mortgage (FRM) surged this week to its highest level in more than 20 years, averaging 7.09%, which ...
Mortgage Applications Experience Fourth Straight Week of Decreases
Mortgage applications were down 0.8% this week, down from last week’s dip of 3.1% and the fourth consecutive week of ...
Rocket Companies Picks Up Speed in Q2 Following Big Changes
After seeing a revenue that was well down from 2022 and company projections in Q1, Rocket Companies ramped up business ...
Mortgage Mix: Rocket Shakes Up C-Suite; GSEs Downgraded
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates Continue Edging Toward 7%
The 30-year fixed-rate mortgage (FRM) averaged 6.90% this week, up for the second week in a row from last week’s ...
Mortgage Applications See Second Week of Decreases
Mortgage applications saw a second straight week of decreases, this week down 3.0% from last week’s dip of 1.8%, according ...
Black Homebuyers More Likely to be Denied Mortgages, Report Finds
Racial disparities in homeownership are partially contributed to by the mortgage industry, according to a new report from LendingTree. LendingTree’s ...
Rocket Companies Names Varun Krishna CEO as Bob Walters Prepares to Retire
Rocket Companies, the parent company of Rocket Mortgage and Rocket Homes, is making significant leadership moves mere days before reporting ...
Mortgage Delinquencies Drop Back Down to Historic Low
For the month of May, 2.6% of all mortgages in the U.S. were in some stage of delinquency, a 0.1 ...
How to Calm Jittery Sellers When Similar Homes Close by Are Also for Sale
While you as the seller’s agent or broker understand all the intricacies and strategies of working a listing, your clients very likely are first-timers, vulnerable to emotions and worrisome opinions precisely because they don’t have prior experience. Read more.
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