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Mortgage applications rose 1.6% from one week earlier as falling interest rates contributed to a boost in refinance activity, according to the Mortgage Bankers Association.
December 12 -
Mortgage credit available to consumers increased in November by 1.1% from the previous month as lenders offered more conventional products with expanded underwriting criteria, the Mortgage Bankers Association said.
December 6 -
Growing home prices and climbing interest rates didn't stop millennials from buying houses in October, Ellie Mae said.
December 5 -
The U.S. Department of Veterans Affairs' report for its 2018 fiscal year reveals that the number of service members utilizing their home loan benefits, as well as the total loan funding offered, have increased significantly throughout Arizona in the last five years.
December 5 -
Mortgage applications rose for the second straight week as key interest rates fell back toward 5%, according to the Mortgage Bankers Association.
December 5 -
The nation's largest mortgage lending company for U.S. military veterans did less business in Hawaii during its recent fiscal year compared with the prior year.
November 30 -
The rush in holiday shopping also boosted the housing market as mortgage applications increased 5.5% from one week earlier, according to the Mortgage Bankers Association.
November 28 -
Mortgage application activity decreased 0.1% from one week earlier as refinance volume tanked, although interest rates fell, according to the Mortgage Bankers Association.
November 21 -
Carrington Mortgage Services has created a nondelegated correspondent channel, looking to build on relationships it has with originators that currently broker loans to the company.
November 20 -
The Trump administration should consider putting much of the subsidized mortgage lending done by the federal government under the government-sponsored enterprises to improve efficiency and transparency.
November 19Walker & Dunlop -
Borrowers buying new homes produced fewer loan applications than they did a year earlier due to October's rising interest rates.
November 16 -
Mortgage fintech LoanSnap launched VA Smart Loans, which will provide personalized options to current and former service members applying for a Veterans Affairs-guaranteed mortgage.
November 15 -
As interest rates rise, mortgage originators need to teach millennial homebuyers about the product options outside of conventional loans, Ellie Mae said.
November 14 -
Mortgage application activity decreased 3.2% from one week earlier as interest rates rose to eight-year highs and refinancings fell to an 18-year low, according to the Mortgage Bankers Association.
November 14 -
American Financial Resources, a Parsippany, N.J.-based mortgage lender, will pay any required agent fees for U.S. Department of Veterans Affairs loans for its brokers and correspondents on all AFR-related VA loan submissions starting Veterans Day.
November 12 -
Ginnie Mae officials are concerned about unusual activity with Department of Veterans Affairs cash-out refinances and are investigating the causes, as well as whether predatory lenders are taking advantage of veterans.
November 12 -
More veterans are turning to Department of Veterans Affairs loans to buy a house as the number of purchase mortgages shot up 59% compared to five years ago.
November 9 -
Mortgage delinquencies inched up, in part from natural disasters hindering homeowner performance, but a stronger economy is still keeping defaults low, according to the Mortgage Bankers Association.
November 8 -
Mortgage application activity dropped to its lowest level since December 2014 as interest rates reached an eight-year high, according to the Mortgage Bankers Association.
November 7 -
The amount of mortgage credit available to consumers increased to a post-crisis high in October in reaction to more first-time homebuyers entering the market, the Mortgage Bankers Association said.
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