Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is…
Posts published in “mortgage refinancing”
Rising demand for purchase loans and refinancing as rates climb to new highs underscores volatility, with Fed expected to continue rate hikes, according to the…
Purchase loan applications continue to be weaker “due to the combination of much higher mortgage rates and the worsening economic outlook,” said MBA forecaster Joel…
“Large deceleration” in home price appreciation next year could lead to price declines in some regions. Source: Inman News
Economic uncertainty and stock market volatility may have helped drive 12 percent decline in purchase mortgage applications. Source: Inman News
Executives say the layoffs will save the company about $30 million a year and help it bring its technology to bear on purchase mortgages. Source:…
Lenders are managing risk by focusing on borrowers with prime credit scores who are keeping a bigger equity stake in their homes, according to Black…
Nation’s biggest provider of purchase loans made 27 percent fewer loans to homebuyers in 2021. Rocket Cos. is watching. Source: Inman News
Demand for purchase loans remains steady, but rising rates are closing the door on refinancing opportunities, according to the Mortgage Bankers Association’s Weekly Mortgage Applications…