The brokerage is recruiting agents and regional directors from the military community to help launch the Compass Military Division in July. Source: Inman News
Posts published in “VA loans”
All-cash home purchases in the U.S. hit 31.4 percent of all transactions in July 2022, just short of an eight-year high reached in February 2022,…
The Department of Veterans Affairs allows desktop appraisals when borrowers put 20 percent down, but nearly 90 percent of VA-backed loans are made to homebuyers…
Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. …
Mortgage applications and refinance applications increased during the week ending Dec. 11, 2020, according to the Mortgage Bankers Association’s weekly survey. Source: Inman News
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:…
Mortgages in forbearance decreased from 6.93 percent to 6.87 percent during the week ending Sept. 20, according to the Mortgage Bankers Association. Source: Inman News
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
The market composite index, which measures mortgage loan application volume, increased by 2.9 percent on a seasonally adjusted basis. Source: Inman News
For the eighth week in a row, total loans in forbearance have declined. Currently, there are about 3.7 million homeowners enrolled in forbearance plans. Source:…