As Treasury Yields Decline, Mortgage Rates Move Down
The 30-year fixed-rate mortgage (FRM) saw its second week of declines, this week averaging 7.5%, down from 7.76% last week, ...
Tag: Mortgages
United Mortgage Keeps Winning in Q3, Overcoming Market Challenges
United Wholesale Mortgage (UWM) continues to fight against the tide in the third quarter, reporting earnings of $29.7 billion in ...
Mortgage Applications Increase Following Pause in Rate Hikes
After three weeks of decreases, mortgage applications turned around this week, increasing 2.5% from one week earlier, according to the ...
Home Equity Trends Mixed in Q3
Home equity saw a decrease in Q3 2023, while underwater mortgage numbers improved, according to a new report from ATTOM. ...
Rocket’s Revenue Exceeds Expectations Again in Q3
Rocket Companies’ revenue exceeded all Q2 predictions, overcoming the mortgage and housing market challenges, as reported in their Q3 2023 ...
Mortgage Mix: Uncertainty Lies Ahead as Rates Stall
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 Level Off After Weeks of Rising
The 30-year fixed-rate mortgage (FRM) decreased slightly from last week’s average of 7.79% to an average of 7.76% this week, ...
Zombie Foreclosures Rise Again in Q4
As of Q4 2023, 1.3 million (1,294,505) residential properties across the U.S. are vacant, representing 1.27% (1 in 78 homes), ...
Mortgage Applications on Third Straight Week of Declines
Hitting their third week of declines, mortgage applications decreased another 2.1% from the previous week’s slight 0.1% dip, according to ...
Mortgage Mix: Rates Rise as Challenges Persist
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. ...
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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