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Lending (1131)

Biden Boosts Aid for Borrowers at Risk of Foreclosure

Biden Boosts Aid for Borrowers at Risk of Foreclosure

Sunday, 25 July 2021
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The Biden administration has unveiled more help for mortgage borrowers struggling with their payments since the pandemic. So reports Bloomberg. Read more...
Bodnar of MMG: The Impact of the Delta Variant

Bodnar of MMG: The Impact of the Delta Variant

Sunday, 25 July 2021
Lending
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Mortgage rates improved in response to Delta variant fears, but the rally was stopped dead at a technical level, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...
Bodnar of MMG: Love in the Bond Market

Bodnar of MMG: Love in the Bond Market

Wednesday, 21 July 2021
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This week rates declined heading into the weekend as Fed Chair Powell showered the bond market with love, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...
Purchase & Cash-Out Locks Up in June; Jumbos Gain Market Share: Black Knight

Purchase & Cash-Out Locks Up in June; Jumbos Gain Market Share: Black Knight

Monday, 12 July 2021
Lending
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After two consecutive months of declines, mortgage rate lock activity picked back up, with increases in both purchase (+6%) and cash-out refinance (10%) originations in June, according to data from Black Knight. Read more...
Mortgage Servicers Prep for End of COVID-19 Bailout Programs

Mortgage Servicers Prep for End of COVID-19 Bailout Programs

Saturday, 10 July 2021
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U.S. mortgage servicers are readying for a surge in delinquent loans as the government’s bailout programs finally expire in September and early October. So reports CNBC. Read more...
Fed’s Taper Tightrope Could Keep Mortgage Rates Low

Fed’s Taper Tightrope Could Keep Mortgage Rates Low

Saturday, 10 July 2021
Lending
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The latest minutes from the Federal Reserve’s Open Market Committee indicate that mortgage rates, at historic lows lately, will probably stay down, at least in the short-term. So reports BankRate.com. Read more...
Mortgage Rates Sink to Lowest Since February

Mortgage Rates Sink to Lowest Since February

Saturday, 10 July 2021
Lending
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Mortgage rates have fallen to their lowest since February amid growing skepticism about the health of the economy’s rebound from COVID-19. So reports MarketWatch. Read more...
Mortgage Demand Drops to Pandemic-Era Low

Mortgage Demand Drops to Pandemic-Era Low

Saturday, 10 July 2021
Lending
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A weekly measure of Americans’ appetite for mortgages has decreased to its lowest level since before the coronavirus pandemic. So reports CNBC. Read more...
Bodnar of MMG: Why 'Less is More' is Driving Rates

Bodnar of MMG: Why 'Less is More' is Driving Rates

Saturday, 10 July 2021
Lending
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Bill Bodnar of The Mortgage Market Guide (MMG) notes that this week rates hit the lowest levels since mid-February on the notion that less is more on many fronts, including inflation, employment, growth and policy response. Read more...
White House Panel Seeking Work-around for Backlog of Eviction Lawsuits

White House Panel Seeking Work-around for Backlog of Eviction Lawsuits

Thursday, 08 July 2021
Lending
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As the summer months wane, property owners, tenants and their associated advocates are facing major legal considerations with respect to enduring state and federal eviction restrictions. A federal moratorium has been put in place with an expiration date set for Saturday, July 31, although a number of other state mandates, which have faced their own… Read more...

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