Refinance

Mortgage borrowers collectively hold more equity in their homes than at any other time on record, but they've been slow to borrow against this newfound wealth, according to Black Knight.

There is now less fraud risk associated with adjustable-rate mortgage applications and this will offset some of the higher hazard associated with a purchase market.

Despite growth in senior-held mortgage debt, home equity for homeowners 62 and older grew to $6.6 trillion in the fourth quarter, according to the National Reverse Mortgage Lenders Association and RiskSpan.

Mortgage applications increased 4.8% from one week earlier and rose for the fourth time in five weeks as key interest rates held steady, according to the Mortgage Bankers Association.

Independent mortgage banks and mortgage subsidiaries of chartered banks saw production profits tank in the fourth quarter of 2017, according to the Mortgage Bankers Association.

Closing times for refinances have fallen dramatically due to mortgage lenders' increased emphasis on home purchase loans.

The share of mortgage refinance applications dropped to its lowest level in nearly 10 years as interest rates continued to climb.

A stronger than expected refinance market led Fannie Mae to increase its origination projections for the first quarter by nearly 4% in its March outlook.

Fidelity National Financial's proposed purchase of Stewart Information Services could solidify FNF's leading market share among title insurers if regulators don't balk at its scope.

Residential mortgage originations fell 19% year-over-year in the fourth quarter of 2017, due primarily to a large drop in refinance volume, according to Attom Data Solutions.