Lending

Lending (1538)

Mortgage Lending Soared 67.1% in 2020: The Fed

Mortgage lenders handled ballooning volumes last year, driven mainly by refinances to take advantage of extraordinarily low interest rates, according to the latest statistics from the Federal Reserve. So reports Reuters. Read more...

Fed Starts Telegraphing Shift to Tighter Monetary Policy

Federal Reserve officials have signaled that the central bank plans to start tightening up the historically loose monetary policy it has used to spur growth during a pandemic. So reports USA Today. Read more...

Mortgage Rates Ease to Four-Month Low Amid Inflation Optimism

U.S. long-term mortgage rates have continued their weeks-long downward trajectory, slipping to their lowest point in four months. So reports Bloomberg. Read more...

Unemployment Claims Rise for First Time in Nearly Two Months

First-time weekly jobless claims have posted their first increase since late April, Labor Department statistics show. So reports The Hill. Read more...

Angel Oak Mortgage Plans IPO

According to an S-1 statement filed with the Securities and Exchange Commission, Atlanta-based Angel Oak Mortgage is looking to go public. So reports HousingWire. Read more...

FHFA Bumps Eviction Moratorium to September

The Federal Housing Finance Agency has kept the pandemic moratorium on evictions going for a few more months. So reports GlobeSt.com. Read more...

Consumer Prices Rise at Fastest Clip Since 2008

A well-known measure of inflation jumped in May at its quickest year-over-year rate in almost 13 years, according to the Department of Labor. So reports CNBC. Read more...

Mortgage Rates Tick Down With 30-Year at 2.96%

Mortgage rates slipped, as a 30-year fixed-rate loan averaged 2.96% in the week ending June 10, according to Freddie Mac. So reports Bloomberg. Read more...

Record Numbers Think It’s a Bad Time to Buy a Home: Fannie Mae

Americans’ outlook about buying a home is its gloomiest since Fannie Mae began keeping track in 2010, but low interest rates combined with higher savings rates during the pandemic have many still wanting to take the plunge. So reports MarketWatch. Read more...

Bodnar of MMG: Bonds Got Punched in the Face, Then Bounced Back

Bill Bodnar of The Mortgage Market Guide discusses the "hot" CPI, the bond market's muted reaction while taking a look at the charts ahead of the upcoming Fed Meeting. Read more...

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