Refinance

Falling mortgage rates have reached the point where they are spurring speculation about a possible resurgence in refinancing.

By honing her ability to fix inefficiencies and identify new profit opportunities, Mary Ann McGarry broke down gender barriers and found success as CEO of Guild Mortgage. The key, she says, is remaining adaptable and collaborative without losing focus on end goals.

Cash-strapped lenders need to find a way to consistently fund marketing that resonates with more cultures if they really want to be able to replace lost volume by reaching underserved borrowers.

Mortgage prepayment speeds fell to their lowest level in 10 years in November as rising interest rates took a toll on origination activity, according to Black Knight.

Adjustable-rate mortgages in November had their highest share of closed loans since Ellie Mae started tracking this data in 2011 as rates for 30-year loans reached 5.15%.

Mortgage applications decreased 5.8% from one week earlier, although rates fell during the period to their lowest point in three months, according to the Mortgage Bankers Association.

Fannie Mae made a slight increase to its origination forecast, expecting housing affordability to improve in 2019 as mortgage rates remain flat and home price appreciation moderates.

Intense competition among homebuyers remains as shown by the continual growth of median down payments, according to Attom Data Solutions.

Mortgage lenders are more pessimistic than ever about the industry's profit margin outlook, with many blaming tight competition for the negative attitudes, according to Fannie Mae.

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.

The CFPB ordered Village Capital & Investment in Henderson, Nev., to issue refunds and pay a penalty for allegedly misrepresenting the cost savings in a refi product.

Growing home prices and climbing interest rates didn't stop millennials from buying houses in October, Ellie Mae said.

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.

Mortgage applications rose for the second straight week as key interest rates fell back toward 5%, according to the Mortgage Bankers Association.

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.

Existing-home sales are on pace to fall 2.3% year-over-year in 2018, and the baby boomer generation is a big reason why, according to Fannie Mae Chief Economist Doug Duncan.

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.

Average credit scores for mortgage borrowers remain at a 2018 high, a sign that lenders aren't easing standards despite refinance candidates already falling off on higher rates, according to Ellie Mae.

Mortgage application activity decreased 0.1% from one week earlier as refinance volume tanked, although interest rates fell, according to the Mortgage Bankers Association.

Fannie Mae's economic growth forecast for 2018 inched up slightly, but a strong labor market won't mean the same positive results for housing.