FHA borrowers can expect to pay even higher rates, but lenders are offering discounts on jumbo mortgages too big for Fannie and Freddie, according to…
Posts published in “mortgage rates”
Vacation-home demand is the highest it’s been in a year, and just below a record 90 percent gain in demand tallied in September 2020, according…
With inventory remaining tight for entry-level buyers, the average loan request hit another record high of $446,000. Source: Inman News
Requests to refinance existing mortgages were up 18 percent week over week but down 50 percent from a year ago. Source: Inman News
CEO Anthony Hsieh sees opportunity to grow market share as mortgage industry shifts to providing more loans to homebuyers. Source: Inman News
With rates on 30-year fixed-rate loans rising for the fifth consecutive week, it’s no surprise that refi demand was down for the fourth straight week. …
In a year of sky-high demand, existing-home sales recorded a banner year with the sale of 6.12 million units and an 8.5 percent surge from…
Average purchase loan request hits record $418,500, and falling demand for FHA and VA mortgages suggests first-time buyers are being priced out. Source: Inman News
Fannie Mae economists project sales of existing homes will fall by 3.2 percent this year to 5.945 million, which would still be the second-best year…