Mortgage rates for home loans hit highest levels since June
Purchase loan applications rose 2% week over week, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey, released Wednesday
by Matt Carter Oct 13
Mortgage delinquency rates approach pre-pandemic levels
Total delinquency rates dropped 4.2 percent in July, 2.3 percentage points lower than the 6.5 percent observed in July 2020, according to new data released Tuesday by CoreLogic
Homeowners slam brakes on refinancing as mortgage rates rise
Prospect of higher monthly mortgage payments for homebuyers and impact on affordability also a concern, according to an analysis of mortgage pipeline data by Black Knight
by Matt Carter Oct 10
Black Knight rolls out new marketing tools for mortgage brokers
Surefire CRM lets brokers grab white-labeled marketing collateral they can customize with their own branding
by Matt Carter Oct 8
Mortgage rates hold steady following late-September spike
Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board
by Daniel Houston Oct 7
Realogy sells most of its interest in Title Resources Guaranty
Realogy will maintain its ownership of Realogy Title Group, which last year provided title, settlement and escrow services for 214K transactions in 43 states under 45 brand names
by Matt Carter Oct 7
Knock Home Swap
Most Americans think it's a bad time to buy a home but a good time to sell, and high home prices are the culprit
by Matt Carter Oct 7
Jump in rates cuts into demand for mortgages
Rising mortgage rates have curbed demand for refinancing and purchase loans after inflation worries pushed rates to highest levels since July, according to the MBA
by Matt Carter Oct 6
Better enabling homebuyers to make cash offers in 12 states
Program launches as Better moves to finalize its bid to become a public company
by Matt Carter Oct 5
Fannie, Freddie loan limits set for record 50-year leap in 2022
Lenders are betting home prices kept rising in third quarter, and that they'll be able to sell bigger loans to Fannie and Freddie once conforming loan limit officially goes up on Jan. 1
by Matt Carter Oct 5
Knock's GO mortgage offers appraisal coverage and cash-offer close certainty
Knock GO, which stands for Guaranteed Offer, is a 'cash-like' conventional mortgage product that allows buyers to write an offer on a home without including a financing contingency
by Craig C. Rowe Oct 4
Home prices could ‘moderate’ if mortgage rates keep rising
Rates for 30-year mortgages jump 13 basis points in one week as investors weigh prospects for inflation, Fed tapering
by Daniel Houston Sep 30
Why sellers are shunning FHA and VA offers
FHA and VA loans are essential to first-time buyers, who account for about 4 out of every 5 FHA purchase loans. However, in today's market, sellers are quick to dismiss offers that come with this type of financing. Here's why
by Steve Cook Sep 30
Demand for mortgages cools as rates bounce back to July levels
Increase in conventional refinance requests could be a sign that borrowers are reacting to higher rates
by Matt Carter Sep 29
Sustained surge in mortgage rates could dent home sales
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
by Matt Carter Sep 28
Ideal Agent forges partnership with mortgage, title advisory consultants
Partnering with Incenter allows Ideal Agent customers a more streamlined process for finding and leveraging professional service providers when buying and selling a home
by Craig C. Rowe Sep 28