Economists are scratching their heads and housing industry leaders are venting their frustrations as mortgage rates continue a relentless climb to new heights not seen…
Posts published in “ARM loan”
Demand for purchase loans fell 1 percent last week compared to the week before, and was down 41 percent from a year ago, according to…
If mortgage rates rise by another half a percentage point β or if home prices go up another 5 percent β affordability will hit the…
ARM loans accounted for 17 percent of mortgage applications by dollar volume, with the average borrower seeking a $728,900 loan. Source: Inman News
No new LIBOR loans will be allowed after this year, but there’s also the matter of what to do with roughly $1.4 trillion in existing…