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Adding pricing considerations tied to debt-to-income ratios, which frequently fluctuate, are destined to create problems with borrowers and internal operations, the Mortgage Bankers Association wrote.
February 7
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The Fannie Mae Home Purchase Sentiment Index rose for the third straight month, but concerns about affordability still weigh heavily on the minds of many Americans.
February 7
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A series of recent studies offer a view into the dynamics that will impact home sales in 2023.
February 7
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More than half of borrowers paid 0.5 points or more to cut their interest rate for the life of the loan, while just 3% chose the short-term option, Black Knight said.
February 6
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It's less expensive to rent in 45 of the nation's 50 largest metros, a ratio that has grown significantly since the end of 2021, according to Realtor.com.
February 6
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In just the first few weeks of the year at least 10 transactions have taken place.
February 3
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Servicing was strong relative to some analysts' estimates, but thin margins and higher-than-expected expenses in originations reduced earnings for the fiscal period.
February 3
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Industry headwinds led numbers at the software and data provider downward at the end of the year, but company leaders said the unit is positioned well for a market snapback.
February 2
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Since breaking above 7% in November, the 30-year fixed is now down nearly a full percentage point, Freddie Mac said.
February 2
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The private mortgage insurer is purchasing Agents National and Boston National from Incenter, which itself is a unit of Finance of America.
February 2
