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Millennials jumped to take advantage of low mortgage rates by refinancing at an increased share of 6 percentage points in June, according to Ellie Mae.
August 7 -
The potential for negative long-term mortgage rates is surfacing around the world, and with global tensions building in the U.S. market, there's a small but growing chance it could happen here, too.
August 7 -
Positive views on job security and mortgage rates pushed consumer sentiment on housing to an all-time high in July, according to Fannie Mae.
August 7 -
Black Knight's second-quarter earnings dropped 20% from the previous year as it took a hit from its indirect investment in Dun & Bradstreet, offsetting a 7% increase in revenue.
August 7 -
A Florida-based loan servicing company has agreed to pay $84,000 to cover attorneys fees, penalties and costs associated with improper foreclosures it initiated in Maine, the state said.
August 7 -
Increased consumer debt and the threat of an economic downturn increase the default risk for government-sponsored enterprise mortgages during the first quarter, according to Milliman.
August 7 -
The U.S. government's trade war with China is pushing down yields on 10-year and 30-year Treasury notes.
August 7 -
The economic tensions between the U.S. and China drove interest rates down last week, leading to a surge in refinance applications, according to the Mortgage Bankers Association.
August 7 -
California officials are threatening legal action if Cupertino, hometown of Apple, doesn't meet its housing goals.
August 7 -
In Denmark's $495 billion mortgage-backed covered bond market, another milestone was reached on Wednesday as Nordea Bank said it will start offering 20-year fixed-rate loans that charge no interest.
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