Housing Wire

MARCH 5, 2021

Tension between long-time rivals United Wholesale Mortgage and Rocket Pro TPO , formerly Quicken Loans Mortgage Services , reached a new boiling point after the top wholesale lender in the nation announced it will no longer work with brokers who also work with Rocket Mortgage. “They are dialed in to their industry.

Mortgages 504

Mortgages Marketing Loan Officer Loans 504

Housing Wire

JANUARY 15, 2021

Wells Fargo , the second-biggest mortgage lender in the nation, continued to cede market share to nonbank rivals in the fourth quarter of 2020. billion in mortgages. The bank serviced $856 billion in residential mortgages in the fourth quarter, a drop from the $917 billion in originated in the third quarter.

Mortgages 427

Mortgages Marketing Banks Residential 427

Housing Wire

SEPTEMBER 15, 2021

Mortgage loan application volume rebounded from the week prior, increasing by 0.3% 10, according to the Mortgage Bankers Association’s weekly report. The increase in application volume was predominantly driven by purchase mortgage activity , which grew by 8% from the week prior , the trade group said. . from 10.9%

Mortgages 473

Mortgages Marketing Loans Industrial 473

Housing Wire

FEBRUARY 4, 2021

Like many players in the non-Qualified Mortgage space, Deephaven Mortgage was forced to halt operations in 2020 when liquidity dried up. million security backed by non-QM mortgages that have seasoned for an average of nine months, a presale report from S&P Global Ratings showed. That was then, this is now. in Q3 2020.

Mortgages 397

Mortgages Marketing Lending Investor 397

Housing Wire

APRIL 13, 2021

The share of refinances in mortgage origination volume dipped below 50% for the first time in 15 months in March, according to Black Knight ‘s new monthly data report, the Originations Market Monitor. The implications of this shift touch nearly every area of mortgage lending, which in turn has implications for the wider economy.”

Mortgages 410

Mortgages Marketing FHA loan Lending 410

Housing Wire

FEBRUARY 15, 2021

history, with the lowest mortgage rates recorded in history. So far this year, the weekly Mortgage Bankers Association purchase application data compared to last year looks like this: +3%; +10%; +15%; +16%; +16%; +17%. The post We need higher mortgage rates to cool the housing market appeared first on HousingWire.

Mortgages 540

Mortgages Marketing Sales 540

Housing Wire

DECEMBER 22, 2021

Mortgage applications fell 0.6% 17, with fewer borrowers looking for purchases in the lower end of the market, according to the Mortgage Bankers Association (MBA) survey published on Wednesday. Compared to a year ago, mortgage applications declined across the board. The overall market composite index dipped 31.9%

Mortgages 397

Mortgages VA loan FHA loan Fixed-rate mortgage 397

Housing Wire

MARCH 16, 2021

After months of low rates, there have recently been shocks to the bond market. HousingWire recently sat down with Scott Happ, president of Secondary Marketing Technologies for Black Knight, to discuss the impact this has on mortgage originators and investors. HW: How does this, in turn, impact mortgage originators and investors?

Investor 397

Investor Mortgages Marketing Technology 397

RIS Media

MARCH 16, 2021

The sun doesn’t appear to be setting on the bustling housing market, even as mortgage rates continue to rise. The gradual increase in 30-year fixed mortgage rates and a slight dip in mortgage applications may have initially worried some ahead of the spring home-selling market. by the year’s end.

Mortgages 125

Mortgages Marketing Industrial Brokerage 125

The Mortgage Report

MAY 26, 2021

What is a good mortgage rate? Here's how to find a good mortgage rate for your situation in today's market. That varies by borrower and lender.

Mortgages 128

Mortgages Marketing 128

RIS Media

SEPTEMBER 3, 2021

Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) reports that the 30-year fixed-rate mortgage (FRM) averaged 2.87%—remaining flat. Mortgage details: – The 30-year fixed-rate mortgage averaged 2.87% with an average 0.6 – The 15-year fixed-rate mortgage averaged 2.18% with an average 0.6

Fixed-rate mortgage 104

Fixed-rate mortgage Mortgages Marketing Investor 104

Housing Wire

MARCH 19, 2021

A growing chorus of mortgage industry observers believe the final week of February might have been the last hurrah for sub-3% mortgage rates. for much of the month of March, and reached a benchmark rate of 3.32% for the 30-year mortgage on Friday. Mortgage applications dropped 2.2% And the proof is in the refi pudding.

Loans 543

Loans Closing Mortgages Technology 543

Housing Wire

NOVEMBER 5, 2021

Morgan Mortgage Trust , so far this year has sponsored 13 private-label securitization offerings backed by jumbo loans valued at $13.8 Those offerings, current through the end of October, involved more than 14,000 jumbo mortgages, according to bond-rating agency presale reports. They were backed by pools of mortgages valued at $5.73

Marketing 538

Marketing Loans Mortgages Residential 538

REM Online

JUNE 22, 2021

The original post can be found at the following URL: Rising mortgage debt can correct housing market. Canadian households are “loaded with mortgage debt”. The original post can be found at the following URL: Rising mortgage debt can correct housing market.

Mortgages 77

Mortgages Marketing Banks Finance 77

Housing Wire

APRIL 8, 2021

Mortgage credit showed signs of loosening up in March, and with it, more availability for lower credit scores and high LTV products to enter the housing market, the Mortgage Bankers Association said in a report on Thursday. The group’s Mortgage Credit Availability Index rose.6% Presented by: Citibank.

Mortgages 515

Mortgages Loans Lending Marketing 515

Housing Wire

NOVEMBER 10, 2021

Mortgage rates fell below 3% in the week ending November 10, according to the latest Freddie Mac PMMS mortgage report. The 30-year fixed-rate mortgage declined to 2.98% last week, falling 11 basis points from 3.09% the week prior. According to the Mortgage Bankers Association, the refi index rose 7% for the week ending Nov.

Fixed-rate mortgage 485

Fixed-rate mortgage Mortgages Closing Loans 485

Housing Wire

MAY 17, 2021

With the economic expansion well underway, one big question remains: When will mortgage rates move toward 4% and higher? Mortgage rates increased toward 3.25% in mid-February from the recent all-time lows of 2.625% at the start of the year, but then retracted to around 3.0% The post What if mortgage rates don’t rise this year?

Mortgages 515

Mortgages Marketing 515

Housing Wire

JANUARY 21, 2021

The average mortgage rate for a 30-year fixed loan fell two basis points last week to 2.77%, according to Freddie Mac ’s Primary Mortgage Market Survey. The 15-year fixed mortgage rate also shifted downward to 2.21 The 15-year fixed mortgage rate also shifted downward to 2.21 the week prior. the week prior.

Mortgages 538

Mortgages Fixed-rate mortgage Loans Closing 538

Better Dwelling

APRIL 20, 2021

home prices are rising very quickly, and so is fraud to obtain mortgages to buy homes. The CoreLogic National Mortgage Application Fraud Risk Index made a big jump Q1 2021. Hot markets with a sudden surge in […]. The rapid increase of the index means more red flags are being found in the application process. The post U.S.

Mortgages 133

Mortgages Marketing 133

Housing Wire

NOVEMBER 1, 2021

With mortgage rates falling during the COVID-19 crisis, many households were able to refinance to lower payments. Because a mortgage payment is almost always the most prominent payment households make each month, lower payments have allowed homeowners who bought homes to have better cash flow over the last few years.

Mortgages 545

Mortgages Marketing Sales 545

Housing Wire

JULY 7, 2021

Roughly 77% of respondents to Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, said now is a good time to sell. However, low inventory remains an issue, and homes are still being snatched up as soon as they hit the market, he said.

Mortgages 508

Mortgages Design Marketing As-is 508

Housing Wire

FEBRUARY 11, 2021

For the third week in a row, the average mortgage rate for a 30-year fixed loan remained unchanged at 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. But, the run-up in Treasury rates has not impacted mortgage rates yet, which have held firm,” Khater said. It’s a tale of two economies.

Mortgages 473

Mortgages Fixed-rate mortgage Loans Residential 473

Housing Wire

MAY 17, 2021

Historically low mortgage rates had their moment in the sun in 2020. But data released on Thursday from Freddie Mac showed that mortgage rates idled below 3% again for an entire month, even with solid first-quarter GDP figures and encouraging consumer spending numbers. Mortgage rates may look fickle, but the Treasury market rules them.

Mortgages 466

Mortgages Investor Industrial Marketing 466

RIS Media

AUGUST 19, 2021

With a red-hot housing market still buzzing with eager buyers, a quick and reliable turnaround is essential in the transaction process. That has been a constant for real estate professional Sheresa DaCosta throughout her two-year partnership with Rocket Mortgage. “The process was very seamless at the time,” DaCosta says.

Pre-approval 98

Pre-approval Mortgages Loan Officer Marketing 98

Better Dwelling

MARCH 8, 2021

Canada may have elevated unemployment levels, but mortgage delinquencies are dropping. Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies for Q4 2020. Only 5 markets saw the rate rise, as a combination of low rates and mortgage […].

Mortgages 104

Mortgages Marketing 104

Housing Wire

MAY 21, 2021

According to the National Association of Realtors, existing home sales for April’s housing market came in at 5,8500,000. housing market for 2020 to 2024 is that home prices could escalate to an unhealthy level. The post Existing home sales data: A bad sign for housing market? This sales trend looks very normal to me.

Sales 541

Sales Marketing Mortgages 541

Housing Wire

FEBRUARY 4, 2021

The average mortgage rate for a 30-year fixed loan remained unchanged last week from the week prior at 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. Overall, record low mortgage rates are still fanning the refi flame regardless of who’s snagging the offer. The average LO managed to produce $2.6

Mortgages 542

Mortgages Lending Loans As-is 542

Housing Wire

APRIL 16, 2021

Another 2 million borrowers could save an average of nearly $300 a month on a refinance thanks to last week’s 10-basis-point drop in mortgage rates. For Black Knight, these candidates are defined as a 30-year mortgage holder with a maximum 80% loan-to-value ratio and credit scores of 720 or higher. In February, there were 18.1

Mortgages 491

Mortgages Loans Marketing As-is 491

Housing Wire

JANUARY 18, 2021

As the calendar flipped to 2021, it didn’t take long for the rise in mortgage rates. Just two weeks into the new year, Freddie Mac reported that mortgage rates climbed 14 basis points to 2.79% , a dramatic contrast to 2020, a year in which mortgage rates set record lows 16 times. in 2021 and 3.2% by the end of the month.

Mortgages 545

Mortgages Fixed-rate mortgage Banks Industrial 545

Housing Wire

APRIL 1, 2021

mortgage rate remained essentially unchanged last week, rising by just one basis point to 3.18%, according to Freddie Mac’s Primary Mortgage Market Survey. A broader recovery of the economy has almost returned rates back to market “normalcy” as the standard 30-year FRM averaged 3.33% this same time last year.

Mortgages 421

Mortgages Industrial Sales Loans 421

Housing Wire

JANUARY 27, 2021

The Federal Open Market Committee left future economic policies virtually unchanged at its Wednesday meeting, indicating that short-term mortgage rates will stay low for years to come. “The announcement of such a change in plans would impact market rates well in advance of the actual change,” Fratantoni said.

Mortgages 539

Mortgages Loans Marketing As-is 539

Housing Wire

JULY 29, 2021

The average 30-year fixed-rate mortgage increased slightly to 2.80% for the week ending on July 29, halting a streak of weekly declines, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The 15-year fixed-rate mortgage decreased two basis points from last week, averaging 2.10% for the week ending on July 29.

Fixed-rate mortgage 421

Fixed-rate mortgage Mortgages Investor Lending 421

Housing Wire

APRIL 23, 2021

While 2021 likely won’t approach the record breaking tizzy of 2020, the housing market will continue to flourish on the strength of the purchase market, according to economists at the Mortgage Bankers Association. trillion in mortgage originations, the MBA forecasts volume to fall 14% this year to $3.28

Marketing 466

Marketing Mortgages Loans Staging 466

Housing Wire

FEBRUARY 18, 2021

After three weeks of unchanged rates, the average mortgage rate for a 30-year fixed loan jumped 8 basis points to 2.81%, reaching its highest point since mid-November, according to Freddie Mac ’s Primary Mortgage Market Survey. However, the uptrend in the bond market since the lows of August 2020 is intact.

Mortgages 545

Mortgages Lending Banks Loans 545

RIS Media

MARCH 23, 2021

The sun doesn’t appear to be setting on the bustling housing market, even as mortgage rates continue to rise. The gradual increase in 30-year fixed mortgage rates and a slight dip in mortgage applications may have initially worried some ahead of the spring home-selling market. by the year’s end.

Mortgages 81

Mortgages Marketing Industrial Agents 81

Housing Wire

JUNE 1, 2021

If you bought into the theories being peddled by this crash-cult crowd (who, by the way, have been infecting the discourse of economics since the creation of social media and YouTube channels) then you would have believed that the second housing market bubble crash was imminent during 2020. housing market. But the U.S.

Marketing 545

Marketing Mortgages 545

Housing Wire

MARCH 2, 2021

His company’s stock soared nearly 100% on Tuesday after the day traders at the subreddit took interest in the mortgage lender’s stock , which had been hovering around the $20 mark for much of the past three months. In 2020, the mortgage lender originated about $320 billion worth of mortgages, and pulled in $9.5

Mortgages 496

Mortgages Investor Sales Industrial 496