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Posts published in “Joel Kan”

Mortgage credit opening up to more borrowers

Mortgage credit availability increased in March, opening the mortgage market up to more borrowers. This was driven by an improving economy and job market recovery. …

Rising rates take toll on mortgage demand

Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Source: Inman News

Mortgage applications decrease 1%

Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. …

30-year mortgage rate hits yet another record low

Mortgage rates hit yet another record new low last week as applications continued a downward trend, with total applications dropping 0.7 percent on a seasonally…

Mortgage applications decline

The volume of mortgage applications declined 2.5 percent for the week ending Sept. 11, according to the Mortgage Bankers Association’s weekly survey. Source: Inman News