Refinance

Two reports released Wednesday indicate mixed reactions to the presidential election where consumers' attitudes toward housing are concerned.

Loan volume and balances increased in the third quarter as costs stabilized, according to data from the Mortgage Bankers Association.

Mortgage application volume decreased 0.7% from one week earlier, as conforming and jumbo interest rates reached their highest level in over two years, according to the Mortgage Bankers Association.

U.S. Bancorp in Minneapolis has raised its expectations for its net interest margin in the fourth quarter, citing the recent increase in benchmark rates.

Conforming mortgage rates are at their highest level this year after increasing 51 basis points since Election Day, according to Freddie Mac.

Mortgage application volume decreased 9.4% from one week earlier as key interest rates hit their highest level since July 2015, according to the Mortgage Bankers Association.

The election results will only intensify factors making competition with bank lenders more difficult, including the effect of interest rates as well as the regulatory environment.

Tom Wind is once again leading a large bank's mortgage operation. As the new president of U.S. Bank Home Mortgage, he's set a course that embraces retail, regulation and the FHA.

The Federal Housing Finance Agency's choice to raise conforming loan limits in 2016 for the first time in a decade is being met with enthusiasm from the mortgage industry, as it should prove to be a positive for future origination volume.

New loan applications for home purchases increased 19% from one week earlier as customers scrambled to get the process started in a rising interest rate environment, according to the Mortgage Bankers Association.

Renewable Funding, emboldened by the success of its first three trips to the securitization market, is preparing to finance an even larger portion of its lending for energy efficiency upgrades.

Refinance activity rose as a share of overall closed loans in October, according to Ellie Mae's Origination Insight Report.

Mortgage applications slumped last week after the sharpest increase in borrowing costs since mid-2013, signaling tougher sledding for the housing market.

Industry forecasts for 2017 mortgage volume assumed a continuation of current housing and economic policies under a Hillary Clinton administration. But with Donald Trump's win, analysts are sorting out what, if any, adjustments are needed to those projections.

Mortgage application volume decreased 1.2% from one week earlier as rates increased to their highest level since June, according to the Mortgage Bankers Association.

Hiring by independent mortgage firms accelerated in September after a slowdown in the prior month.

A new refinance mortgage offered by SoFi and Fannie Mae lets consumers tap into their home equity to pay down student loan debt at terms more favorable than a traditional cash-out refi.

Mortgage application activity decreased 1.2% from one week earlier, its lowest level since May, according to the Mortgage Bankers Association.

Nationstar Mortgage Holdings reported third-quarter net income of $45 million, driven by the large percentage of servicing customers its origination business recaptured.

Freddie Mac's credit risk transfers come with a hefty price tag, but are ultimately still worth it, according to Chief Executive Don Layton.