Housing Wire

NOVEMBER 7, 2023

In the aftermath, one of the most contentious issues in the minds of mortgage professionals is how the ruling might affect FHA and VA mortgage borrowers. FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5%

VA loan 454

VA loan Agents Seller concession FHA loan 454

Housing Wire

DECEMBER 13, 2023

The UWM’s discounted rates apply to the FHA Streamline program, which offers a simplified refinance process with reduced documentation requirements on Federal Housing Administration (FHA) loans. ” Top wholesale lenders have launched new initiatives to boost production at the end of 2023.

Loans 392

Loans VA loan FHA loan Mortgages 392

Housing Wire

DECEMBER 20, 2023

The share of Federal Housing Administration (FHA) loan activity decreased to 15.5%, down from 16.1% The share of Department of Veterans Affairs (VA) loan activity was 15.6%, up from 14.2% Department of Agriculture (USDA) loan activity remained unchanged at 0.4%. the week prior.

Mortgages 377

Mortgages VA loan FHA loan Loans 377

Housing Wire

DECEMBER 6, 2023

The share of Federal Housing Administration (FHA) loan activity increased to 15%, down from 13.5% The share of Department of Veterans Affairs (VA) loan activity was 12.8%, up from 12.6% Department of Agriculture (USDA) loan activity remained unchanged at 0.5%. of total applications, down from 8.1% the week prior.

VA loan 515

VA loan Mortgages FHA loan Fixed-rate mortgage 515

Housing Wire

DECEMBER 21, 2023

While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a nine-year high, and will be worth watching closely in 2024, the report said. Foreclosure starts decreased by 12.2%

Mortgages 412

Mortgages VA loan FHA loan Staging 412

Housing Wire

NOVEMBER 22, 2023

The share of Federal Housing Administratio n (FHA) loan activity increased to 14.8% The share of Department of Veterans Affairs (VA) loan activity was 11.3%, up from 11.2% Department of Agriculture (USDA) loan activity fell to 0.4% The adjustable-rate mortgage (ARM) share of activity fell to 8.3% the previous week.

VA loan 464

VA loan FHA loan Mortgages Loans 464

Housing Wire

NOVEMBER 15, 2023

The share of Federal Housing Administration (FHA) loan activity decreased to 14.4% The share of Department of Veterans Affairs (VA) loan activity was 11.2%, up from 10.5% Department of Agriculture (USDA) loan activity held at 0.5% Meanwhile, the adjustable-rate mortgage (ARM) share of activity decreased to 8.8%

VA loan 415

VA loan FHA loan Mortgages Loans 415

Housing Wire

JANUARY 3, 2024

The share of Federal Housing Administration (FHA) loan activity decreased to 14.5% The share of Department of Veterans Affairs (VA) loan activity was 14.6%, down from 17.3% Department of Agriculture (USDA) loan activity increased to 0.5% from 15% the week prior. over the previous week, while the share of U.S.

Mortgages 362

Mortgages VA loan FHA loan Loans 362

Housing Wire

MARCH 26, 2024

And the GSEs’ serious delinquency rate (defined as 90 or more days delinquent or loans in the process of foreclosure) marginally increased to 0.55% at the end of the fourth quarter, compared to 0.54% in Q3. By comparison, the serious delinquency rate for Federal Housing Administration ( FHA ) loans was 3.42% in Q4 2023.

VA loan 424

VA loan FHA loan Short sale Loans 424

Housing Wire

NOVEMBER 8, 2023

The share of Federal Housing Administration (FHA) loan activity remained unchanged at 14.7%. The share of Department of Veterans Affairs (VA) loan activity was 10.5%, up from 10.1% while the share of Department of Agriculture (USDA) loan activity remained unchanged at 0.5% of total applications. week over week.

VA loan 423

VA loan FHA loan Mortgages Loans 423

Housing Wire

NOVEMBER 1, 2023

Kan added that “[adjustable-rate mortgage] loans increased almost 10% last week and continued to gain share, growing to 10.7% The share of Federal Housing Administration (FHA) loan activity was 14.7%, down from 15.2% The share of Department of Veterans Affairs (VA) loan activity was 10.1%, down from 10.5%

Mortgages 403

Mortgages VA loan FHA loan Loans 403

Housing Wire

MARCH 11, 2024

The index for Federal Housing Administration (FHA) loans rose 28 bps to 6.66%, while the U.S. Department of Veterans Affairs (VA) index rose 41 bps to 6.50% and the jumbo index rose 37 bps to 7.35%. Meanwhile, conforming loans maintained a steady share of 57%, with slight decreases in the FHA and VA loan shares.

VA loan 432

VA loan FHA loan Loans Lending 432

Housing Wire

OCTOBER 4, 2023

The share of Federal Housing Administration (FHA) loan activity inched up to 14.5% Meanwhile, the share of Department of Veterans Affairs (VA) loan activity of total mortgage applications was 10.1%, down from 10.9% The Department of Agriculture (USDA) loan share of activity remained unchanged at 0.5%. from 14.1%

Mortgages 480

Mortgages VA loan FHA loan Loans 480

Housing Wire

OCTOBER 18, 2023

The share of Federal Housing Administration (FHA) loan activity inched up to 14.8% The share of Department of Veterans Affairs (VA) loan activity was 10.7%, up from 10.2% the week prior while the share of Department of Agriculture (USDA) loan activity held steady at 0.5%. from 14.4% for the week ending Oct.

Mortgages 443

Mortgages VA loan FHA loan Loans 443

Housing Wire

MARCH 29, 2024

The majority of consumer complaints in the mortgage arena (13,100, or 58%) were focused on conventional home loans, followed by Federal Housing Administration (FHA) loans (19%), U.S. Department of Veterans Affairs (VA) loans (9%) and home equity lines of credit, or HELOCs (6%).

Mortgages 347

Mortgages VA loan FHA loan Lending 347

Housing Wire

OCTOBER 12, 2023

While conforming loans still made up the majority of production at 57% in September, conforming volumes trended well below pandemic levels, according to the report. FHA and VA loan production both gained in activity share to 20.6% Rates for FHA loans averaged 7.18%, VA loans were 7% and jumbo loans were 7.6%.

VA loan 353

VA loan Mortgages FHA loan Loans 353

Housing Wire

NOVEMBER 29, 2023

The share of Federal Housing Administration (FHA) loan activity decreased to 13.5%, down from 14.8% The share of Department of Veterans Affairs (VA) loan activity was 12.6%, down from 11.3% Department of Agriculture (USDA) loan activity rose to 0.5%, up from 0.4% of total applications. the week prior. last week.

Mortgages 385

Mortgages VA loan FHA loan Loans 385

Housing Wire

OCTOBER 25, 2023

The share of Federal Housing Administration (FHA) loan activity inched up to 15.2% The share of Department of Veterans Affairs (VA) loan activity was 10.5%, down from 10.7% the week prior while the share of Department of Agriculture (USDA) loan activity decreased to 0.4% from 14.8% for the week ending Oct.

Mortgages 419

Mortgages VA loan FHA loan Loans 419

Housing Wire

NOVEMBER 16, 2020

The one caveat with FHA loans is that they require a Mortgage Insurance Premium both at closing and as part of your monthly payment. The exact cost of this varies based on your loan balance and down payment. VA loans are mortgage loans that are guaranteed by the Department of Veterans Affairs.

VA loan 485

VA loan FHA loan Mortgages Loans 485

Housing Wire

MARCH 29, 2022

Origination volume in the Veterans Affairs (VA) universe amounted to $388 billion in 2021, an analysis of Home Mortgage Disclosure Act (HMDA) data by Polygon Research application HMDAVision found. This marks a notable dip in originations from 2020, a record-breaking year in which VA lenders pumped out approximately $427 billion in VA loans.

VA loan 323

VA loan FHA loan Loans Banks 323

Housing Wire

OCTOBER 11, 2023

The share of Federal Housing Administration (FHA) loan activity inched down to 14.4% The share of Department of Veterans Affairs (VA) loan activity was 10.2%, up from 10.1% the week prior while the share of Department of Agriculture (USDA) loan activity held steady at 0.5%. from 14.5% for the week ending Oct.

Loans 315

Loans VA loan FHA loan Mortgages 315

Housing Wire

SEPTEMBER 15, 2023

This service record may qualify for a Veteran Affairs (VA) loan. VA loans are not well understood by many Realtors. When you really know the benefits, you’ll be more of an advocate of these loans both on your buyer sides as well as when you’re a listing agent considering accepting a VA loan.

VA loan 408

VA loan Loans Mortgages Closing costs 408

Realty Biz

SEPTEMBER 24, 2022

Military borrowers looking to buy or refinance a home might want to consider a VA loan. Department of Veterans Affairs (VA), this loan option can make buying a home easier for those who might otherwise struggle to afford a mortgage. What Is a VA Loan? Benefits of a VA Loan. Backed by the U.S.

VA loan 79

VA loan Loans FHA loan Mortgages 79

Housing Wire

DECEMBER 15, 2021

decline in applications for government loans. Would-be homebuyers are finding it hard to compete with FHA and VA loans in a purchase market defined by low inventory. VA loans comprised 10.6%, decreasing one basis point. Meanwhile, FHA loans went from 9.9% Refinances represented 63.3%

VA loan 398

VA loan FHA loan Fixed-rate mortgage Loans 398

Housing Wire

DECEMBER 8, 2021

VA loans comprised 10.7%, increasing seven basis points. Meanwhile, FHA loans went from 8.9% The post Mortgage applications are up, on the strength of FHA refis appeared first on HousingWire. Refinance apps fell 36.5% year over year, and purchase apps decreased 9.4% in the same period. the previous week.

FHA loan 439

FHA loan Mortgages VA loan Fixed-rate mortgage 439

Housing Wire

FEBRUARY 7, 2023

. “The little that I’ve dabbled in assumable loans, they are very difficult to maneuver,” Rochelle Gano, a Vancouver, Washington-based loan officer at Movement Mortgage , told HousingWire. Gano added that FHA loans seem “a little more workable” than the VA and USDA options.

FHA loan 376

FHA loan Mortgages Loan Officer VA loan 376

Housing Wire

JUNE 26, 2023

at the end of Q1, “compared with 4.01% for Federal Housing Administration (FHA) loans, 2.26% for Veterans Affairs (VA) loans, and 1.73% for all loans (industry average),” the report said. The serious delinquency rate also decreased to 0.6%

VA loan 348

VA loan FHA loan Fixed-rate mortgage Principal 348

The American Genius for Real Estate

JULY 10, 2022

An anti-trust lawsuit is scheduled for trial in 2023 that could impact how real estate agents receive compensation, affecting FHA & VA loans. The post Real estate agents brace for the potential demise of FHA & VA loans appeared first on The American Genius Real Estate.

VA loan 111

VA loan Loans Agents FHA loan 111

Housing Wire

MAY 25, 2021

Mortgages would be subject to FHA loan limits. Like VA loans, which are popular with investors but not homesellers , the benefit would allow the borrower to skip the down payment altogether. Representatives John Rutherford (R-Fla.), Al Lawson (D-Fla.), John Katko (R-N.Y.), and Bonnie Watson Coleman (D-N.J.)

FHA loan 473

FHA loan VA loan Loans Loan Officer 473

Housing Wire

NOVEMBER 20, 2020

The 30-year conventional dropped from 3.02% to 3.01%, and VA fell from 2.78% to 2.75%. FHA loans remained the same, holding steady at 3.01% in October. The number of conventional loans increased in October to 82% – up from 80% in September. Overall loan applications are down 9.3% from September.

Closing 412

Closing FHA loan Mortgages VA loan 412

Housing Wire

AUGUST 19, 2021

While the delinquency rates for FHA and VA loans also tumbled from the previous quarter to 12.77% (decline of 190 bps) and 6.47% (115 bps decline), respectively.

VA loan 431

VA loan Mortgages FHA loan Loans 431

Housing Wire

MARCH 13, 2023

.” The share of locks with adjustable rates rose in February to 10.3%, while nonconforming loans – consisting of 12.2% of the total loan product mix — picked up share. Conforming loans dropped to account for 56.6% of loan product mix, FHA loans declined to consist of 18.4%, VA loans and USDA loans fell to 12% and 0.8%

Loans 351

Loans Mortgages VA loan FHA loan 351

Housing Wire

FEBRUARY 16, 2023

Delinquency rates — which includes loans that are at least one payment past due but does not include loans in the foreclosure process — rose across all loan types and stages of delinquency. The FHA loan delinquency rate rose the most by a whopping 209 bps to 10.61% in the fourth quarter from the previous quarter.

Mortgages 409

Mortgages Equity VA loan FHA loan 409

Housing Wire

NOVEMBER 24, 2021

For jumbo mortgage loans (greater than $548,250), it went to 3.28% from 3.26%. VA loans consisted of 10.3% Meanwhile, FHA loans went from 8.9% Refi represented 63.1% of total applications, up from 62.9% the previous week. of the share, decreasing five basis points. in the period. The USDA share was at 0.4%

Mortgages 429

Mortgages VA loan FHA loan Fixed-rate mortgage 429

Housing Wire

NOVEMBER 30, 2021

For jumbo mortgage loans (greater than $548,250), it went to 3.27% from 3.28%. VA loans consisted of 10% of the share, decreasing three basis points. Meanwhile, FHA loans went from 8.6% Refinances represented 59.4% of total applications, down from 63.1% the previous week. in the period. The USDA share was at 0.5%

Mortgages 368

Mortgages VA loan FHA loan Fixed-rate mortgage 368

HomeLight

FEBRUARY 12, 2021

You’ve just received the first offer on your home — and it’s backed by an FHA loan. So what do you need to know about FHA loans as a seller? Today, FHA loans represent a fair share of the mortgage market; in 2018, the FHA insured 12.1% FHA loans help make homeownership more accessible.

FHA loan 109

FHA loan Loans Pre-approval Pre-qualification 109

Housing Wire

DECEMBER 22, 2021

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%. Regarding the refi market , Kan said rates at the lowest level in four weeks helped spur an increase across all loan types. on the previous week.

Mortgages 380

Mortgages VA loan FHA loan Fixed-rate mortgage 380