Mortgage Applications Continue Declining in Response to Ongoing Rate Hikes
Mortgage applications fell again this week, down 6.0% from last week’s 1.3% drop the week earlier, according to the latest ...
Tag: Mortgage Industry
Mortgage Mix: Government Shutdown Looms; DOJ Wins Redlining Case
-With a potential government shutdown looming this weekend, mortgage lenders are preparing for potential disruptions, mostly affecting transactions that require ...
Report Shows Slowing Improvements in Mortgage Delinquencies
Mortgage rates are a predictor for homebuyer behavior—a conversation you’ve surely had with your clients before. Data analytics firm Black ...
Mortgage Rates Reach Highest Level in Almost 23 Years
After a slight uptick to 7.19% a week ago, the 30-year fixed-rate mortgage (FRM) averaged 7.31% this week, its highest ...
Mortgage Applications Decrease Following More Rate Hikes
The increase in mortgage applications last week was short-lived, as purchase applications fell this week, down 1.3% from one week ...
Mortgage Mix: Rates Stay Above 7%; Applications Shoot Up
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. ...
Foreclosure Activity Rises in August
A total of 33,952 properties had foreclosure filings (default notices, scheduled auctions or bank repossessions) in August, up 7% from ...
Mortgage Rates Remain Relatively Flat This Week
The 30-year fixed-rate mortgage (FRM) remained relatively flat, increasing minorly from last week’s average of 7.18% to an average of ...
Mortgage Mix: Rates Rise as Buyers Struggle to Keep Up
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 Inch Back Up
The 30-year fixed-rate mortgage (FRM) averaged 7.18% this week, back to where it was two weeks ago after a dip ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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