Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31 percent from February. Source: Inman News
Posts published in “conforming loan limit”
The nation’s biggest wholesale mortgage lender released Q4 and full 2021 earnings, revealing it originated a record $226.5 billion in mortgages last year, up 24…
Mortgage giants ordered to exempt first-time homebuyers from increases, which could boost private lending. Source: Inman News
Although questions about the future of the mortgage giants remain, lending industry officials welcome selection of veteran regulator to lead FHFA. Source: Inman News
Redwood Trust, which issues jumbo loans that are off limits to Fannie and Freddie, says costlier markets are better served by private lenders. Source: Inman…
Rapid home price appreciation during the pandemic means loan limits for Fannie Mae and Freddie Mac will make a record-breaking leap in 2022, fueling a…
Rocket Mortgage and United Wholesale Mortgage — the nation’s top two lenders — and at least five others are raising conforming loan limit to $625,000…
Lenders are betting that home prices continued to skyrocket during the third quarter and that they’ll be able to sell the bigger loans to Fannie…