Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same…
Posts published in “Federal Housing Administration (FHA)”
The first quarter of 2020 made a strong showing for homesellers, but the data does not yet reflect the full impact of the COVID-19 pandemic…
Despite sales falling in many other states across the nation amidst the COVID-19 crisis, Iowa real estate has managed to achieve the opposite. Source: Inman…
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began…
Mortgage application activity increased by 15.3 percent, and the refinance index increased 26 percent during the week ending March 27. Source: Inman News
Fannie Mae, Freddie Mac and the Federal Housing Administration increased their loan limits to $510,400 and $331,760, respectively. Source: Inman News