Both Home Equity and Underwater Mortgages Shift Slightly
The amount of equity-rich homes decreased slightly from 48% in Q4 2022 to 47.2% in Q1 2023, marked the second straight ...
Tag: Mortgages
New Federal Mortgage Fees Help Some, Hurt Others
In January 2023, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac (the GSEs) to change the ...
Mortgage Mix: Rates and Applications Slide Amid Volatile Market
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 Take a Dip This Week
The 30-year fixed-rate mortgage (FRM) averaged 6.39% this week, down slightly from last week’s bump up to 6.43%, according to ...
Mortgage Applications Back Down This Week
Mortgage applications decreased 1.2% from one week earlier after they saw a slight 3.7% uptick, according to the latest Weekly ...
Improving a Credit Score to Help Buy a Home
If your credit has taken a bit of a hit, you must make changes to rebuild your score. With a ...
Where are the Highest and Lowest Mortgage Payments?
Homeowners nationwide pay an average payment of $2,317 monthly on their mortgages, according to a new report from LendingTree. But, ...
Mortgage Delinquencies Increase Slightly, but Remain Low
For the month of February, 3% of all mortgages in the U.S. were in some stage of delinquency, a 0.2 ...
Mortgage Rates Inch Up for Second Week in a Row
The 30-year fixed-rate mortgage (FRM) inched up to 6.43% this week, a slight increase from 6.39% the previous week, according ...
Mortgage Applications Back Up Again This Week
Mortgage applications bounced up this week, increasing 3.7% from one week earlier, when data showed an 8.8% pullback, according to ...
7 Potential Under-the-Radar Issues That Could Derail a Deal
When clients buy a home, under-the-radar issues often involve factors beyond cosmetic appeal, which can lead to significant financial and legal problems down the line. Read more.
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