Refinance

Mortgage applications increased 0.4% from one week earlier, according to the Mortgage Bankers Association.

Mortgage applications dipped 3.4% from a week earlier, according to the Mortgage Bankers Association.

United Guaranty's pretax operating income of $163 million benefited from lower mortgage delinquency rates but a decline in refinance originations affected the amount of new insurance written.

Home price gains across the country are reducing the positive benefits homeowners will feel from low rates, according to Black Knight Financial Services.

A healthy housing market is expected to buoy purchase mortgage volumes this year, while rising rates will put a damper on refinancing, according to a report from rating agency DBRS.

Its results were affected by the costs related to shutting the delinquent loan services business.

The time to close residential mortgage loans continues to drop, falling an average of two days in March from the previous month, Ellie Mae reported.

Total mortgage applications increased last week, due to an increase in refinance applications, according to the Mortgage Bankers Association.

PNC Financial Services said its residential mortgage business lost $13 million in the first quarter due to its servicing portfolio hedging activities and lower loan sales income.

Mortgage applications increased 2.7% on a seasonally adjusted basis for the week ending April 1, with refinance activity leading the way, according to the Mortgage Bankers Association.

Third Federal Savings and Loan in Cleveland has long offered mortgage refinancing in New Jersey, Pennsylvania, Maryland, Virginia and North Carolina and now it plans to offer purchase loans in those states.

While the percentage of properties with negative equity decreased during 2015, the lowest-priced homes continued to struggle to regain value, according to Black Knight Financial Services.

Fifth Third Bank is offering a teaser rate to new home equity line of credit borrowers through July 31.

If the Federal Reserve raises short-term rates in June, market volatility will spur investors to buy long-term bonds, driving down the 30-year mortgage rate to around 3%, consultant Barry Habib argues.

It took an average of 46 days to close a residential mortgage loan in February, the shortest closing time since May, according to Ellie Mae.

Mortgage applications ticked up slightly last week, as low refinance activity continued to offset gains in new purchase applications, the Mortgage Bankers Association said.

The number of homeowners who would benefit from refinancing their mortgage has swelled since the beginning of the year, according to Black Knight Financial Services.

Low borrowing costs and rising home values are just two of several reasons why owning a home is far less burdensome than it was a decade ago.