After picking up during the first three weeks of January, applications for purchase loans are contracting, with mortgage rates no longer in free fall from…
Posts published in “jumbo loan”
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…
Record-breaking home price appreciation is changing borrower behavior and the make-up of the mortgage market, said Black Knight Secondary Marketing Technologies President Scott Happ. Source:…
The market composite index, which measures mortgage loan application volume, increased by 2.9 percent on a seasonally adjusted basis. Source: Inman News
In an unpredictable market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans. Source: Inman News