Fannie, Freddie and FHA say sellers can continue to pay the buyer’s agent’s commission. But it remains to be seen if buyers will be allowed…
Posts published in “mortgage bankers association”
The $1.2 trillion funding bill passed by the House Friday averts a partial government shutdown and extends a critical insurance program that protects 4.7 million…
After two consecutive weeks of rising demand, applications for purchase mortgages dropped by a seasonally adjusted 1 percent last week compared to the week before,…
With mortgage rates hovering above 7 percent, requests for purchase loans were down by a seasonally adjusted 5 percent week over week and 2 percent…
Loans for office buildings specifically dropped 68 percent year over year and 32 percent quarter over quarter. Source: Inman News
Purchase mortgage applications surge by 8 percent as homebuyers seeking to take advantage of the recent decline in rates get an early jump on the…
The former FHA commissioner also held executive positions at World Savings Bank, Freddie Mac, and The Long and Foster Companies before leading the Mortgage Bankers…
The good news for real estate pros is that closely watched forecasts agree home sales will bottom in Q4 2023, and mortgage rates are looking…
Demand for purchase loans picks up for fourth consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation…
Two closely watched forecasts agree that mortgage rates have probably peaked, but diverge sharply on how quickly they’ll come down over the next two years. …