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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.
September 26 -
Increased competition among non-qualified mortgage lenders leading to lower starting interest rates for borrowers should result in fewer of these loans prepaying within one year of origination, said Standard & Poor's.
September 24 -
A stronger economy, easing house price appreciation and slightly improving inventory conditions aren't enough to push up home sales this year, according to Freddie Mac.
September 24 -
As mortgage rates remained mostly tepid throughout the summer, closed refinances had their first month of growth in August, according to Ellie Mae.
September 19 -
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.
September 19 -
To help close deals, there are steps online lenders can take to establish a quick and personal connection with real estate agents.
September 18 -
Loan officers whose habits are attuned to the refi market need to improve their relationship game to make it in this business, NBKC Bank's Dan Stevens told attendees at Digital Mortgage 2018.
September 17 -
Mortgage origination volume continues to decline as homebuyers receiving loans bring more money to the closing table.
September 13 -
Mortgage applications decreased 1.8% from one week earlier as refinance submissions fell to their lowest in nearly 18 years, according to the Mortgage Bankers Association.
September 12 -
Mortgage applications decreased 0.1% from one week earlier, dropping for the seventh time in eight weeks even with scant movement in interest rates, according to the Mortgage Bankers Association.
September 5 -
The vast majority of consumers start the mortgage process with internet research, but when it comes time to initiate contact with a lender, borrowers are nearly as likely to pick up the phone as they are to connect online.
August 29 -
After their first increase in six weeks, mortgage applications declined despite lower interest rates, according to the Mortgage Bankers Association.
August 29 -
Wells Fargo & Co. is cutting 638 mortgage employees as the nation’s largest home lender contends with a slowdown in the business.
August 24 -
Mortgage applications increased 4.2% from one week earlier, rising for the first time in over a month, according to the Mortgage Bankers Association.
August 22 -
Fannie Mae decreased its 2018 origination forecast for the fourth time this year in anticipation of more upward pressure on rates, and housing weakness that persists despite increased overall economic strength.
August 16 -
Mortgage applications waned for the fifth week in row, hitting their lowest levels in six months, as the summer's growing interest rates plateaued.
August 15 -
Amid a tight housing market and rising rates, mortgage brokers and wholesalers have been engaged in an intense competition for control over borrower relationships.
August 13 -
Mortgage applications declined for the fourth consecutive week as interest rates remained at high levels.
August 8 -
An increase in millennials making home purchases is a call to the mortgage industry for a quicker, more efficient digital process.
August 1 -
Mortgage applications dropped for the third consecutive week around rising interest rates and languid housing starts.
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