Tag Archives: mortgage

Mortgage applications decrease 1%

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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. Continue reading →

Share of mortgages in forbearance drop 3 points at end of February

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The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28 percent of loans in forbearance. Continue reading →

While still high, mortgage delinquencies see small decline

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The latest data from property analytics provider CoreLogic shows that while mortgage delinquency rates are much higher than they were at the same time last year, they also saw a small drop between November and December. Continue reading →

10 credit mistakes that could cost buyers their dream home

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Buyers have been known to let the excitement of buying a home cloud their judgment. Here are 10 ways you can help keep your clients on track to prevent them from blowing up their chances of owning a home. Continue reading →

How COVID-19 has shaped the push for remote online notarizations

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The coronavirus pandemic has exposed the fragility of the real estate ecosystem, but there is an opportunity to come out of this experience with newfound transparency and cohesiveness that will propel the market into a new way of doing business. Continue reading →

COVID-19-related forbearance volumes decline for first time since pandemic hit

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Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into effect, according to data released Friday. Continue reading →

How the coronavirus pandemic is changing home financing

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Vishal Garg and Adena Hefets discussed how the pandemic is impacting financing for homebuyers during a panel titled “Advances in Ways to Buy a Home.” Continue reading →

Demand for mortgages continued in last week of May: MBA

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“High unemployment and low housing supply may restrain a more meaningful rebound in purchase applications,” Joel Kan of the Mortgage Bankers Association said. Continue reading →

Fannie Mae forecasts mortgage rates under 3% for 2021

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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 →