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…
Posts published in “mortgage refinance”
The lending industry is up to its calculators in mortgage refinances right now. Here are six tips for real estate agents to share with their…
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000. Source: Inman…
During the third quarter of 2020, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years. Source:…
The volume of mortgage applications declined 2.5 percent for the week ending Sept. 11, according to the Mortgage Bankers Association’s weekly survey. Source: Inman News
During the second quarter of 2020, 1.69 million refinance mortgages were secured by residential properties in the U.S., a number up nearly 50 percent from…
The average rate on a 30-year, fixed-rate mortgage could hit 2.9 percent in 2021, according to Fannie Mae’s April housing forecast. Source: Inman News
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began…