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 still remains tighter than before the pandemic, which helped pushed average… Continue reading
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 clients. Continue reading
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. Continue reading
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 its weekly survey. Continue reading