Tag Archives: Banking & Lending

Mortgage rates cap off their most stable month of 2021 so far

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Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials. Continue reading →

Investor-focused LendingHome to rebrand as ‘Kiavi’

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The company focuses on lending for investors who plan to rent out or flip their properties. The new name is a reference to the word for “key” in Italian. Continue reading →

Lenders hold firm on mortgage rates after Fed dust settles

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Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading →

Ahead of Fed tapering reveal, mortgage lenders kept rates steady

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Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac’s lender survey. Continue reading →

Mortgage lenders deal more purchase loans amid fewer refis

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The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side. Continue reading →

Healthy jobs report drives up mortgage rates for first time in weeks

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During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading →

Underwater homeowners gain breathing room as prices climb

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Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading →

August opens with lower mortgage rates as Treasury yields dip

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Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Continue reading →

The top 5 states where institutional investors are gobbling up homes

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Corporate buyers were particularly active in Mississippi, where 1 in 9 homes that sold ended up in the hands of an institutional investor. Continue reading →