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. of total mortgage applications, up from 63.3%

Mortgages 390

Mortgages VA loan FHA loan Fixed-rate mortgage 390

Housing Wire

JULY 28, 2021

Mortgage applications increased 5.7% for the week ending July 23, mostly on the back of fast-falling mortgage rates. That led to the 30-year fixed mortgage rate declining to its lowest level since February of this year, according to the latest report from the Mortgage Bankers Association. from 64.9%

Fixed-rate mortgage 384

Fixed-rate mortgage Mortgages Loans Finance 384

Housing Wire

JUNE 9, 2021

For the third week in a row, mortgage applications decreased. Mortgage applications fell 3.1% in the week ending June 4, and refis took the biggest dip, according to the latest report from the Mortgage Bankers Association. percent,” said Joel Kan, the MBA’s vice president of economic and industry forecasting.

Fixed-rate mortgage 449

Fixed-rate mortgage Mortgages Loans Industrial 449

Housing Wire

MARCH 17, 2021

Mortgage applications dropped for the second straight week — falling 2.2%, according to the latest report from the Mortgage Bankers Association. The continued increase in mortgage rates is to blame, according to MBA’s Associate Vice President of Economic and Industry Forecasting Joel Kan. from 11.6%

Fixed-rate mortgage 410

Fixed-rate mortgage Mortgages Loans Construction 410

Housing Wire

APRIL 21, 2021

After six consecutive weeks of dips , mortgage applications rose 8.6% in the latest report from the Mortgage Bankers Association. “Borrowers acted on the decrease in rates for most loan types, with both conventional and government refinance applications showing gains,” Kan. the previous week. from the week prior.

Fixed-rate mortgage 466

Fixed-rate mortgage Mortgages Loans Industrial 466

Housing Wire

APRIL 28, 2021

Following an almost 9% jump in mortgage applications last week , the Mortgage Bankers Association reported a 2.5% Mortgage applications decreased despite mortgage rates falling for the third week in a row, indicating high prices and low inventory, said Joel Kan, MBA associate vice president of economic and industry forecasting.

Fixed-rate mortgage 440

Fixed-rate mortgage Mortgages Loans Industrial 440

Housing Wire

MARCH 24, 2021

Mortgage applications decreased for the third straight week – this time down 2.5%, according to the latest report from the Mortgage Bankers Association. He added that mortgage rates have moved higher in tandem with Treasury yields. That’s coupled with a rise in mortgage rates , too. the previous week.

Fixed-rate mortgage 479

Fixed-rate mortgage Mortgages Loans Land 479

Housing Wire

JUNE 23, 2021

For the second week in a row, mortgage applications increased — this time, up 2.1% for the week ending June 18, 2021, per the latest report from the Mortgage Bankers Association. The 30-year fixed mortgage rate also rose to 3.18% — the highest level in a month, according to the MBA. the previous week. from 11.5%.

Fixed-rate mortgage 365

Fixed-rate mortgage Mortgages Loans Construction 365

Housing Wire

MAY 12, 2021

After weeks of decreases , mortgage applications rose 2.1% for the week ending May 7, 2021, according to the most recent report from the Mortgage Bankers Association. Aiding the jump in mortgage applications was another sub-3% week of mortgage rates , which fell officially to 2.96%. from 10.1% the week prior.

Fixed-rate mortgage 440

Fixed-rate mortgage Mortgages Loans Industrial 440

Housing Wire

OCTOBER 7, 2020

the week prior , mortgage applications almost completely rebounded last week, gaining 4.6%, according to a report from the Mortgage Bankers Association. Refinances continued to hover around two-thirds the share of mortgage activity as they increased to 65.4% The average contract interest rate for 5/1 ARMs fell to 2.8%

Fixed-rate mortgage 458

Fixed-rate mortgage Mortgages Loans As-is 458

Housing Wire

JANUARY 6, 2021

Mortgage applications dropped 4.2% from two weeks prior , according to the latest report by the Mortgage Bankers Association. But mortgage applications dropped during the week ending Jan. The FHA share of total mortgage applications remained unchanged from 10.1% That should change as the year progresses, Kan said.

Fixed-rate mortgage 398

Fixed-rate mortgage Mortgages Loans Industrial 398

Housing Wire

MARCH 31, 2021

Mortgage applications decreased for the fourth straight week – this time down 2.2%, according to the latest report from the Mortgage Bankers Association. The 30-year fixed rate also dropped, reported at 3.33% after seven weeks of increases – but it’s still almost half a percentage point higher than the beginning of 2021.

Fixed-rate mortgage 432

Fixed-rate mortgage Mortgages Loans Lending 432

Housing Wire

JUNE 26, 2023

“The number of refinances decreased amid rising mortgage rates from 111,251 in the fourth quarter of 2022 to 78,445 in the first quarter of 2023.” The serious delinquency rate also decreased to 0.6% Real-estate owned (REO) inventory also increased by 2% over the course of Q1 to 11,190 units.

VA loan 360

VA loan FHA loan Fixed-rate mortgage Principal 360

Housing Wire

APRIL 7, 2021

Mortgage applications decreased for the fifth straight week – this time down 5.1%, according to the latest report from the Mortgage Bankers Association. Refinance mortgage applications declined for the fifth straight week. The FHA share of total mortgage applications decreased to 10.2% from the week prior.

Fixed-rate mortgage 355

Fixed-rate mortgage Mortgages Loans Industrial 355

Housing Wire

DECEMBER 15, 2021

Mortgage applications fell 4% for the week ending Dec. 10, large part because fewer borrowers are looking to refi their exiting mortgages, according to the Mortgage Bankers Association (MBA) survey published on Wednesday. Compared to a year ago, mortgage applications declined across the board. from the week prior.

VA loan 406

VA loan FHA loan Fixed-rate mortgage Loans 406

Housing Wire

OCTOBER 19, 2022

A doubling of 30-year fixed rate mortgage rates, shrinking profit margins and a risk of recession presents a challenging environment for independent mortgage banks (IMBs), but smaller IMBs are better positioned to weather challenges, claimed the Community Home Lenders of America (CHLA), a lobby group that represents smaller mortgage lenders.

VA loan 397

VA loan FHA loan Fixed-rate mortgage Banks 397

Housing Wire

FEBRUARY 24, 2021

Mortgage applications decreased 11.4% from one week earlier , according to data from the Mortgage Bankers Association’s weekly survey for the week ending Feb. “ Mortgage rates have increased in six of the last eight weeks, with the benchmark 30-year fixed rate last week climbing above 3% to its highest level since September 2020.”

Fixed-rate mortgage 237

Fixed-rate mortgage Mortgages Loans Industrial 237

Housing Wire

OCTOBER 21, 2020

At its Annual event Wednesday, Mortgage Bankers Association Chief Economist Mike Fratantoni forecast that interest rates could rise in the year to come, but that they will remain near all-time lows. However, due to the narrow industry focus of the job losses, this downturn has proved much different than what the economy saw in 2009.

Mortgages 407

Mortgages FHA loan Fixed-rate mortgage Loans 407

Realty Biz

MARCH 30, 2023

Regardless, there are many things that first-time home buyers aren't aware of when it comes to getting a mortgage. We've put together a brief mortgage guide with the key information you need to know. To get the best rate for your situation, be sure to look closely at each type of mortgage. Let's take a closer look.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

RIS Media

NOVEMBER 4, 2020

Mortgage applications increased 3.8 percent from the previous week , according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. The Market Composite Index, a measure of mortgage loan application volume, increased 3.8 percent the previous week.

Fixed-rate mortgage 104

Fixed-rate mortgage Mortgages FHA loan Loans 104

Realty Biz

SEPTEMBER 30, 2023

Mortgages with Low Credit Scores Mortgages with low credit scores can appear challenging, but there are options available. Understanding how a low credit score affects your mortgage and exploring government-backed programs can help you navigate the process. Can you buy a house with bad credit?

Finance 97

Finance Debt-to-income ratio FHA loan Mortgages 97

RIS Media

NOVEMBER 9, 2020

Mortgage applications increased 3.8 percent from the previous week , according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. The Market Composite Index, a measure of mortgage loan application volume, increased 3.8 percent the previous week.

Fixed-rate mortgage 76

Fixed-rate mortgage Mortgages FHA loan Loans 76

RIS Media

MARCH 28, 2022

A brand-new report from the Mortgage Bankers Association (MBA) says homebuyer affordability decreased in February, with the national median payment applied for by applicants jumping 8.3% in January 2022, meaning payments on new mortgages take up a larger share of a typical person’s income. to $1,653 from $1,526 in January.

Mortgages 98

Mortgages FHA loan Fixed-rate mortgage Principal 98

RIS Media

DECEMBER 9, 2020

Mortgage applications decreased 1.2 percent from one week earlier , according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.2 percent the previous week.

Fixed-rate mortgage 80

Fixed-rate mortgage Mortgages FHA loan Loans 80

Norada Real Estate

JUNE 22, 2022

Among them, non-recourse loans, hard money loans, and private loans are the most popular. In a conventional mortgage, the down payment is the smallest and the rate of interest is also lower. In the case of a Non-Recourse Loan, the investor puts an asset forward. Fixed-rate mortgages.

Finance 96

Finance FHA loan Investor Loans 96

Housing Wire

JANUARY 20, 2021

Mortgage applications decreased 1.9% 15 from one week earlier , per data from the Mortgage Bankers Association’s weekly survey. The 30-year fixed rate rose to 2.92%, its highest level since last November. Additionally, the 15-year fixed rate increased for the first time in seven weeks to 2.48%. from 15.8%

Fixed-rate mortgage 444

Fixed-rate mortgage Mortgages Loans Industrial 444

Housing Wire

MARCH 24, 2023

According to the report, about 37% of the loan modifications completed in Q4 reduced borrowers’ monthly payments by at or over 20%. Rising rates led to a reduction in mortgage refinances during that quarter, declining to 111,251 in Q4 2022, down from 194,189 the previous quarter.

Fixed-rate mortgage 421

Fixed-rate mortgage VA loan FHA loan Loans 421

Housing Wire

MAY 19, 2021

Mortgage applications increased for the second straight week , this time jumping 1.2% for the week ending May 14, 2021, according to the latest report from the Mortgage Bankers Association. All loan types hit their highest levels in two weeks. of total mortgage applications from 61.3% the previous week. the week prior.

Fixed-rate mortgage 379

Fixed-rate mortgage Mortgages Loans Industrial 379

HomeLight

JUNE 22, 2023

All of these things are stressful and confusing, but you’d be surprised by how many people struggle with the mortgage process. And they need answers to their mortgage questions. As a first-time homebuyer, you’re likely among the 85% of buyers who will apply for a home mortgage instead of paying cash.

Debt-to-income ratio 89

Debt-to-income ratio Mortgages FHA loan Loans 89

HomeLight

JANUARY 27, 2021

But there’s so much to keep track of along the way: hiring an agent, getting a mortgage, making offers, and closing the deal. A great agent also has relationships across the industry. Getting a mortgage can be a stressful and frustrating process. Here are a few tips to get ahead of the game and mortgage like a champ!

Closing costs 117

Closing costs Loans Inspection Earnest money deposit 117