Housing Wire

DECEMBER 22, 2021

of total mortgage applications, up from 63.3% VA loans comprised 11.5%, an increase of nine basis points. Meanwhile, the share of FHA loans remained unchanged at 9.6% The share of USDA loans was 0.5%. For example, FHA and VA refis jumped 4% and 12%, respectively. . on the previous week.

Mortgages 396

Mortgages VA loan FHA loan Fixed-rate mortgage 396

Housing Wire

NOVEMBER 4, 2020

“Mortgage rates continue to hover at record lows this fall. The 30-year fixed mortgage rate remained essentially unchanged at 3.01 percent last week, but rates for 15-year fixed-rate loans, FHA loans and jumbo loans all fell to new MBA survey lows.”.

Fixed-rate mortgage 508

Fixed-rate mortgage Mortgages FHA loan Loans 508

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 407

VA loan FHA loan Fixed-rate mortgage Banks 407

HomeLight

NOVEMBER 6, 2023

Here are some common types of mortgage loans and their assumability: 1. FHA loans Federal Housing Administration ( FHA ) loans are often assumable. This means that a qualified buyer can take over the existing FHA loan, subject to lender approval. VA funding fee.

FHA loan 105

FHA loan VA loan Mortgages Marketing 105

Housing Wire

JULY 28, 2021

And the 15-year rate fell to a record low last seen in 1990. Those ultra-low rates naturally resulted in a sharp uptick in refinancing activity. “With over 95% of refinance applications for fixed rate mortgages, borrowers are looking to secure a lower rate for the life of their loan,” Kan said Wednesday.

Fixed-rate mortgage 384

Fixed-rate mortgage Mortgages Loans Finance 384

Housing Wire

JUNE 23, 2021

from 0.25 (including the origination fee) for 80% LTV loans. from 0.25 (including the origination fee) for 80% LTV loans. The post Mortgage applications rise again, despite rates jump appeared first on HousingWire.

Fixed-rate mortgage 393

Fixed-rate mortgage Mortgages Loans Construction 393

Housing Wire

JANUARY 13, 2021

The post New-year optimism reflected in mortgage applications jump appeared first on HousingWire.

Fixed-rate mortgage 504

Fixed-rate mortgage Mortgages Loans Industrial 504

Housing Wire

MAY 26, 2021

The post Mortgage applications decrease 4% appeared first on HousingWire.

Fixed-rate mortgage 503

Fixed-rate mortgage Mortgages Loans Industrial 503

Housing Wire

JUNE 9, 2021

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. Most of the decline in mortgage rates came late last week, with the 30-year fixed-rate mortgage declining to 3.15

Fixed-rate mortgage 450

Fixed-rate mortgage Mortgages Loans Industrial 450

Housing Wire

APRIL 28, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.17% from 3.2%

Fixed-rate mortgage 457

Fixed-rate mortgage Mortgages Loans Industrial 457

Housing Wire

APRIL 21, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.2% The post Mortgage applications rebound following drop in rates appeared first on HousingWire.

Fixed-rate mortgage 466

Fixed-rate mortgage Mortgages Loans Industrial 466

Lab Coat Agents

FEBRUARY 7, 2023

The most common types of mortgages are: 30-year fixed-rate mortgage: With this type of loan, the interest rate remains fixed for the entire term, typically 30 years. This makes for predictable monthly payments and means you won’t have to worry about your rate going up in the future.

FHA loan 96

FHA loan VA loan Pre-approval Fixed-rate mortgage 96

Housing Wire

MARCH 17, 2021

The post Mortgage applications continue to fall as rates climb appeared first on HousingWire.

Fixed-rate mortgage 410

Fixed-rate mortgage Mortgages Loans Construction 410

Housing Wire

JANUARY 6, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) increased to 2.86% from 2.9% The post Mortgage applications drop over holidays appeared first on HousingWire.

Fixed-rate mortgage 407

Fixed-rate mortgage Mortgages Loans Industrial 407

Housing Wire

MARCH 31, 2021

The average contract interest rate for 30-year fixed-rate mortgages decreased to 3.29% from 3.35% — the first decrease in three weeks The average contract interest rate for 15-year fixed-rate mortgages decreased to 2.71% from 2.72% The average contract interest rate for 5/1 ARMs increased to 2.85% from 2.79%.

Fixed-rate mortgage 432

Fixed-rate mortgage Mortgages Loans Lending 432

Housing Wire

OCTOBER 7, 2020

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) fell to 3.01% from 3.05%. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $510,400) fell to 3.31% from 3.33%.

Fixed-rate mortgage 458

Fixed-rate mortgage Mortgages Loans As-is 458

Housing Wire

APRIL 7, 2021

The post Rising rates push mortgage applications down for fifth week appeared first on HousingWire.

Fixed-rate mortgage 366

Fixed-rate mortgage Mortgages Loans Industrial 366

Housing Wire

MAY 12, 2021

The post Mortgage applications jump as rates fall to 2.96% appeared first on HousingWire.

Fixed-rate mortgage 441

Fixed-rate mortgage Mortgages Loans Industrial 441

Point2Homes

AUGUST 26, 2021

Here are the most common types to look out for: Fixed-Rate Mortgages. These mortgages span several years and feature an interest rate that stays the same for the duration. A 15-year fixed-rate mortgage allows you to pay off your loan in half the time, but your monthly payments will be significantly higher.

Loans 103

Loans Mortgages Fixed-rate mortgage FHA loan 103

Housing Wire

MARCH 24, 2021

The post Mortgage applications dip as home prices climb appeared first on HousingWire.

Fixed-rate mortgage 479

Fixed-rate mortgage Mortgages Loans Land 479

Eye on Housing

JULY 27, 2022

Census Bureau reveals that the four-quarter moving average (MA) share of new home sales financed through FHA was 11.0% Conventional loans financed 74.8% NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. in Q2 2022–its smallest share since early 2008.

FHA loan 124

FHA loan Loans Sales Finance 124

Marco Santarelli

APRIL 24, 2024

Additionally, consider the potential tax benefits of homeownership, such as the mortgage interest tax deduction. Beyond the Fixed-Rate Mortgage: Exploring Loan Options When navigating mortgage options, it's not just about the current interest rate environment.

Pre-approval 52

Pre-approval Mortgages FHA loan Fixed-rate mortgage 52

Housing Wire

FEBRUARY 24, 2021

The post Texas storm deflates mortgage application numbers appeared first on HousingWire.

Fixed-rate mortgage 251

Fixed-rate mortgage Mortgages Loans Industrial 251

Realty Biz

SEPTEMBER 30, 2023

These lenders understand the challenges you might be facing and are willing to work with you to find a suitable mortgage option with scores down to 500. Government-backed programs: Government-backed mortgage programs, such as FHA loans, VA loans, and USDA loans, often have more relaxed credit score requirements.

Finance 98

Finance Debt-to-income ratio FHA loan Mortgages 98

HomeLight

OCTOBER 15, 2020

Here’s a quick rundown of the three major government-backed loans. FHA loans : These are mortgages offered by the Federal Housing Administration , and they’re geared toward buyers with lower credit scores who don’t qualify for a conventional loan. Fixed-rate mortgage.

Loans 96

Loans FHA loan Debt-to-income ratio VA loan 96

Realty Biz

FEBRUARY 7, 2023

Figure Out What Mortgage Program Works Best When you start looking for a mortgage , one of the first steps should be deciding what loan terms you want. For example, do you want a 30-year fixed or adjustable-rate mortgage? A fixed-rate mortgage will give you more stability if you stay in the home longer.

Pre-approval 76

Pre-approval Mortgages Pre-qualification VA loan 76

Norada Real Estate

JUNE 22, 2022

If your down payment is lower than 20%, your loan-to-value ratio for conventional financing will be higher than 80%, and your lender may require you to pay private mortgage insurance. Types of Mortgage Options For Financing Turnkey Rental Properties. Fixed-rate mortgages.

Finance 96

Finance FHA loan Investor Loans 96

Realty Biz

JANUARY 3, 2023

These loans are usually paid back as part of your mortgage. Homebuyers Are Looking at Different Types of Loans. When most home buyers think about getting a mortgage, they think about a 30-year fixed-rate mortgage. However, different types of loans have different interest rates.

Mortgages 98

Mortgages VA loan Loans FHA loan 98

Windemere Buying

FEBRUARY 14, 2022

A jumbo loan is an example of a non-conforming loan, due to its loan amounts being higher than the amount limits laid out in the underwriting guidelines. The two most common conventional loans are 30-year and 15-year fixed-rate mortgages.

Loans 52

Loans Fixed-rate mortgage VA loan FHA loan 52

Eye on Housing

AUGUST 12, 2020

Over the last two weeks, the Mortgage Bankers Association’s tracked 30-year fixed-rate mortgage average rate fell by 14 basis points to 3.06%, a new record low in the series. On a seasonally adjusted basis, purchasing activity increased.

Fixed-rate mortgage 132

Fixed-rate mortgage Mortgages VA loan FHA loan 132

Housing Wire

MARCH 24, 2023

There was also a slight reduction in the serious delinquency rate from Q3 to Q4, dropping from 0.68% to 0.65% by the end of the fourth quarter. Comparatively, the serious delinquency rate for Federal Housing Administration (FHA) loans was 4.4%

Fixed-rate mortgage 429

Fixed-rate mortgage VA loan FHA loan Loans 429

Redfin

NOVEMBER 18, 2020

Mortgages fall into two basic categories: Fixed-rate or adjustable-rate. . A fixed-rate mortgage maintains the same payment of principal at an interest rate set for the loan term. Lenders offer these mortgages for either a 30-year term or 15-year term. military.

Mortgages 68

Mortgages Principal Fixed-rate mortgage Loans 68

Housing Wire

JANUARY 20, 2021

The post Mortgage applications decrease as rates move higher appeared first on HousingWire.

Fixed-rate mortgage 465

Fixed-rate mortgage Mortgages Loans Industrial 465

HomeLight

NOVEMBER 20, 2023

Here’s a brief overview of assumable mortgage types: FHA Loans: Federal Housing Administration ( FHA ) loans are often assumable, subject to lender approval. A qualified buyer must meet standard FHA loan requirements, such as a minimum credit score of 580 and a 3.5% down payment.

FHA loan 97

FHA loan Mortgages VA loan Loans 97

HomeLight

JUNE 22, 2023

Credit scores typically fall into one of these ratings: 580 and below: poor 580-669: fair 679-739: good 740-799: very good 800-850: excellent The minimum credit score you need to be approved for a mortgage will depend on what kind of loan you are applying for. to 1% of the loan amount annually.

Debt-to-income ratio 88

Debt-to-income ratio Mortgages FHA loan Loans 88

HomeLight

AUGUST 31, 2021

If you use a fixed-rate mortgage, your principal and interest will remain the same throughout the life of the loan, though your property taxes and subsequent homeowner’s insurance can increase over time. FHA loans: as low as 3.5%. USDA loans (for rural property owners): no down payment required.

Closing costs 79

Closing costs Loans Equity VA loan 79

Realty Biz

DECEMBER 30, 2022

The big benefit of going with a conventional mortgage is that it's often going to allow you to get the lowest interest rates possible. You will, however, be able to choose between either a fixed-rate or an adjustable-rate mortgage, and it's going to impact the interest rate on your home loan.

Loans 70

Loans FHA loan Mortgages Debt-to-income ratio 70