Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out…
Posts published in “Mike Fratantoni”
Tapering could happen sooner rather than later, with most policymakers open to short-term rate hikes in 2023. Source: Inman News
About 2.1 million homeowners remain in forbearance, and close to half of those borrowers haven’t made a payment in more than a year. Source: Inman…
Many homeowners who were granted forbearance during the pandemic are scheduled to hit 18-month program eligibility limit at the end of September. Source: Inman News
The Fed now has justification to keep a tight lid on interest rates. But some fear that if employers are forced to raise wages too…
The MBA announced Thursday at its Spring Conference and Expo 2021 that purchase originations are on track to grow 16.4 percent to a new record…
At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in…
The share of mortgages in forbearance dropped for a sixth straight week, showing one of the largest decreases in the rate since the pandemic began. …
The share of mortgages in forbearance dropped below 5% in March for the first time since the beginning of the pandemic, as homeowners resuming their…
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to…