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Tag: Lending
New Mortgages Fall, Sparking Fears of Market Slowdown
A significant drop in mortgage originations for the second consecutive quarter has industry insiders worried, as borrowers appear to be ...
Mortgage Rates Stable Heading Into Continued Pandemic Uncertainty
The 30-year fixed-rate mortgage (FRM) averaged 3.11% for the week ending Dec. 2, according to Freddie Mac's Primary Mortgage Market Survey (PMMS). ...
Should You Sell Your Home If You Owe More Than It’s Worth?
While people buy homes with the intent to build equity, life happens and sometimes homeowners end up underwater, upside down ...
Mortgage Applications Fall, With Refinance Incentives Down
Mortgage applications decreased 7.2% for the week ending Nov. 26. According to the latest data from the Mortgage Bankers Association ...
FHFA Announces Conforming Loan Limits for Fannie and Freddie Mortgages
The Federal Housing Finance Agency (FHFA) has announced the conforming loan limits (CLLs) for any mortgages acquired by Fannie Mae ...
IMB Production Profits Increase in Q3 2021
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $2,594 on each loan they ...
Guaranteed Rate Raises More than $5 Million to Support Mental Health
Guaranteed Rate has announced it raised more than $5 million in just five days to make a direct impact on ...
Mortgage Applications Up in November, With Refis Making Up More Than Half of the Share
Mortgage applications increased 1.8% for the week ending Nov. 19, 2021, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage ...
Fair Housing Isn’t Enough: Report Shows Racial Disparity Fight Still Needs Support
Overall, overt housing discrimination has lessened through the years following regulations guided by Fair Housing laws; however, it is nowhere ...
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