Purchase loan applications rose 2 percent week over week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, released Wednesday. Source: Inman News
Posts published in “mortgage refinancing”
Rising mortgage rates have curbed demand for refinancing and purchase loans after inflation worries pushed rates to highest levels since July. Source: Inman News
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as anticipated. Source: Inman…
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic. Source: Inman News
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed…
Black Knight app now manages payments to track current value of a home, provides refinancing rates and compares mortgage insurance prices. Source: Inman News
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…
But dwindling profit margins on shrinking mortgage refinancings take a deep bite out of second-quarter earnings. Source: Inman News
With rates on 15-year mortgages hitting a record low, requests to refinance accounted for two-thirds of mortgage applications. Source: Inman News
Last week’s dip in mortgage rates boosted applications for purchase loans and revived interest in refinancing, according to a weekly survey of lenders by the…