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With over 4 million millennials entering prime home buying age each year through 2023, purchase activity will be driven much higher, according to Ellie Mae.
August 5
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Rates are forecasted to remain at the current low levels for the rest of 2020, driving steady refinance volume.
August 5
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The company, which launched last fall, announced a partnership with an organization that aids military families.
August 5
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The overnight shift to working from home created a number of practical quandaries for mortgage firms large and small, according to a recent survey conducted by Arizent.
August 4
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The number of loans going into coronavirus-related forbearance fell for the seventh straight week, but the Mortgage Bankers Association predicts the rate will increase if the number of coronavirus cases continues to rise.
August 3
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Record-low interest rates allowed homebuyers to purchase $32,000 more house for the same monthly payment compared to last July, boosting affordability to the highest level since 2016.
August 3
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With low inventory and coronavirus limiting accessibility, nearly half of shoppers made offers sight-unseen in June, according to Redfin.
August 3
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The combined impact of coronavirus forbearance periods ending while low rates persist means large workloads for title insurers, appraisers and others.
July 31
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The government-sponsored enterprise's earnings were up tenfold as it stabilized mortgage market liquidity amid the coronavirus.
July 30
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The government-sponsored enterprise reported net earnings of $2.55 billion, up from $461 million in the first quarter.
July 30
