The VA

Borrowers buying new homes produced fewer loan applications than they did a year earlier due to October's rising interest rates.

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.

As interest rates rise, mortgage originators need to teach millennial homebuyers about the product options outside of conventional loans, Ellie Mae said.

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.

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.

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.

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.

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.

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.

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.

Mortgage applications decreased 2.5% from one week earlier as purchase activity compared with 2017 fell for the first time in nearly three months, according to the Mortgage Bankers Association.

An increase in refinance activity in the period after Columbus Day drove mortgage applications 4.9% higher from one week earlier, according to the Mortgage Bankers Association.

Mortgage applications decreased sharply from one week earlier as key interest rates stayed above 5%, although purchase volume grew from a year ago, the Mortgage Bankers Association reported.

Mortgage applications fell last week as rates for the 30-year fixed conforming loan topped 5% for the first time since 2011, the Mortgage Bankers Association reported.

Delinquencies will be on the rise and Veterans Affairs loans have greater density within FEMA-declared disaster zones from Hurricane Florence, according to Black Knight.

Lenders offered fewer government-guaranteed mortgage programs in September, leading to an overall decline in mortgage credit availability, according to the Mortgage Bankers Association.

August's share of conventional mortgages closed by millennials reached a three-year high as lenders added products to meet their lifestyle, Ellie Mae said.

With customers in Afghanistan and a headquarters in San Antonio, USAA uses digital mortgage tools to craft a consistent experience and reach borrowers around the globe, according to Executive Director of the Mortgage Digital Experience Mark Burrage.

Mortgage applications were up 2.9% from one week earlier, even as the rate for the 30-year conforming mortgage reached its highest point in over seven years, according to the Mortgage Bankers Association.

Mortgage applications were up 1.6% from one week earlier, marking only the second increase of the past two months despite key interest rates rising, according to the Mortgage Bankers Association.