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Lending (1538)

Mortgage Demand Levels Off Following Interest Rate Rebound

Mortgage Demand Levels Off Following Interest Rate Rebound

Friday, 15 October 2021
Lending
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With mortgage rates inching upward recently, overall demand for mortgage loans has flattened. So reports CNBC. Read more...
Share of Mortgages in Forbearance Falls to Lowest in a Year

Share of Mortgages in Forbearance Falls to Lowest in a Year

Friday, 15 October 2021
Lending
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The tally of loans in forbearance fell from 2.89% of servicers’ portfolio volume to 2.62% as of October 3, according to the Mortgage Bankers Association’s latest forbearance and call volume survey. So reports MortgageOrb. Read more...
Bodnar of MMG: Have We Seen A Near-term Peak In Rates?

Bodnar of MMG: Have We Seen A Near-term Peak In Rates?

Friday, 15 October 2021
Lending
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Bill Bodnar of The Mortgage Market Guide (MMG), said mortgage rates improved from the worst levels since March. Read more...
Bodnar of MMG: Jobs, Spending, the Debt Ceiling and Bond Buy Tapering

Bodnar of MMG: Jobs, Spending, the Debt Ceiling and Bond Buy Tapering

Friday, 08 October 2021
Lending
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Bill Bodnar of The Mortgage Market Guide (MMG) says this week, it is about jobs, the debt ceiling and spending debates and the idea the Fed will announce tapering of bond purchases on November 3rd. Read more...
Fannie Mae Updates Homeownership Education Rules

Fannie Mae Updates Homeownership Education Rules

Friday, 08 October 2021
Lending
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Fannie Mae has announced a change to its homeownership education requirements for applicable mortgages. Read more...
Rocket, UWM, PennyMac Lift Jumbo Loan Caps Before FHFA

Rocket, UWM, PennyMac Lift Jumbo Loan Caps Before FHFA

Friday, 08 October 2021
Lending
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Rocket/Quicken Mortgage, United Wholesale Mortgage and PennyMac are offering higher-balance loans at conforming loan rates, ahead of an increase in conforming loan limits by the Federal Housing Finance Authority that’s expected in November. So reports MortgageGrader.com. Read more...
Mortgage Rates Slip Below 3% Again Amid Uncertainty

Mortgage Rates Slip Below 3% Again Amid Uncertainty

Friday, 08 October 2021
Lending
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U.S. long-term mortgage rates have retreated after recent weekly gains, as the closely watched 30-year loan dipped back below 3%. So reports the Associated Press. Read more...
Mortgage Demand Eases as Refinance Applications Tumble

Mortgage Demand Eases as Refinance Applications Tumble

Friday, 08 October 2021
Lending
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Recent weeks’ rebound in interest rates has cut into the U.S. appetite for mortgages. So reports CNBC. Read more...
Biggest Weekly Forbearance Improvement in 12 Months: Black Knight

Biggest Weekly Forbearance Improvement in 12 Months: Black Knight

Thursday, 07 October 2021
Lending
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The first signs of the anticipated sizable drop in the number of active forbearance plans, given the large number of plans both marked for either review (for extension/removal) or final expiration in September, is here. That's according to recent data from Black Knight. Read more...
Mortgage Rates Leap to Highest Since June

Mortgage Rates Leap to Highest Since June

Saturday, 02 October 2021
Lending
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Long-term U.S. mortgage rates have bounced back to their highest level since the beginning of summer. So reports Bloomberg. Read more...

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