Jumbo mortgages

Mortgage credit availability expanded in July, according to the Mortgage Bankers Association.

Mortgage application activity decreased 3.5% from one week earlier as refinancing volume continued to fade, according to the Mortgage Bankers Association.

Mortgage application activity decreased 11.2% from one week earlier as refinance volume continued to slow while the bond market and interest rates stabilized.

Mortgage applications decreased 1.3% from one week earlier as rates on conforming and jumbo mortgages increased by five basis points, according to the Mortgage Bankers Association.

In markets where consumers spend a substantial amount of income on housing, it's often cheaper to rent than buy. But in these expensive markets, owning a home is more affordable.

Think the $1.9 billion "house" mortgage securitization that JPMorgan completed in April was big?

The Mortgage Partnership Finance Direct program will now accept larger jumbo mortgages and a wider variety of products including hybrid adjustable rate mortgages, the Federal Home Loan Bank of Chicago and Redwood Trust said Monday.The partners said that the program would accept jumbos of up to $2. 5 million, a boost from the previous $1.5 million limit.

Mortgage applications increased 7.2% from one week earlier as the lowest rates in three years have brought consumers in to refinance, according to the Mortgage Bankers Association.

While many depositories do just enough mortgage lending to low- to moderate-income borrowers to meet statutory requirements, The Federal Savings Bank has made it a backbone for growth.

Mortgage credit availability dropped for the fourth consecutive month in June, the Mortgage Bankers Association reported.