DOJ Negotiates Another Settlement in Bank Redlining Initiative
The Department of Justice (DOJ) has approved a settlement from OceanFirst Bank in relation to a redlining investigation against them. ...
Tag: Mortgages
Mortgage Rates Continue to Fall, Driving Activity for Purchases, Refinances
More signs point to more favorable housing costs this week as average mortgage rates continued to fall, following an aggressive ...
Mortgage Applications Spike This Week
Ahead of today’s highly anticipated rate cut by the Federal Reserve, applications for home purchases saw a significant increase last ...
Mortgage Rates Drop to their Lowest Level in 19 Months
Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability ...
Ahead of Expected Fed Rate Cut, Mortgage Applications Increase for Third Straight Week
Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage ...
Mortgage Mix: Fed Rate Cut Closes in; CFPB Fines New Day Financial
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates Continue Falling Ahead of Expected Rate Cut
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down ...
Mortgage Applications Little Change, Small Increase
Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey ...
Mortgage Holders’ Equity Reaches All-Time High of $17.6T
While the pace of home-price growth has slowed, homeowners with a mortgage saw their tappable equity soar to an all-new ...
Mortgage Rates Remain Low; Expert Sees Little Change
The 30-year fixed-rate mortgage (FRM) remains at the low level seen recently, from last week’s average of 6.49% to a ...
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