Housing demand is strong heading into the fall, despite fast-rising home prices and low inventory. Source: Inman News
Posts published in “mortgage bankers association”
In what could be a preview of what’s in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a…
The numbers are headed in the wrong direction for loans that are backed by private lenders rather than the government, according to new survey by…
With low for-sale inventory keeping home price appreciation in many markets at record highs, the jump in FHA purchase applications is potentially a sign that…
Before initiating foreclosures against borrowers who are 120 days behind on their payments, the Consumer Financial Protection Bureau expects loan servicers to reach out to…
Although rates eased for the most popular type of mortgage among homebuyers — the 30-year fixed-rate conforming loan — rates for jumbo mortgages, FHA loans…
With rates on 15-year mortgages hitting a record low, requests to refinance accounted for two-thirds of mortgage applications. Source: Inman News
Mortgage lenders tightened underwriting standards in June, undoing much of the easing seen over the last six months as initial fears about the long-term impacts…
Total commission revenue in 2021 could ultimately top $100 billion for the first time ever, according to a new report from Knock. Source: Inman News
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…