Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down…
Posts published in “mortgage rates”
New inflation numbers and tapering of the Fed’s mortgage bond purchases are likely to be on the agenda at next week’s meeting. Source: Inman News
Demand for mortgages slipped last week as requests to refinance slowed, outweighing the impact of a slight increase in purchase loan applications. Source: Inman News
This week, Inman looked at what you should know about pending sales, new-home sales and existing-home sales. Here, Windermere Chief Economist Matthew Gardner dives into…
After adjusting for seasonal patterns, requests for purchase loans were down 3 percent from the week before and 2 percent from a year ago. Source:…
Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept…
Mortgage lenders continued to ease underwriting standards in April, but only for borrowers who were refinancing. For both homebuyers and homeowners seeking to refinance, credit…
Demand for purchase mortgages was up a seasonally adjusted 2 percent from the week before but down slightly from a year ago. Source: Inman News
The MBA’s Weekly Mortgage Applications Survey showed requests for loans were up 2.1 percent on a seasonally adjusted basis during the week ending May 7…
In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May…