Tag Archives: mortgage bankers association

Fannie Mae dials back sales expectations by 220,000 homes

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Driving the revised forecast are expectations for slightly cooler economic growth and hotter inflation, which could mean mortgage rates come down a little more slowly. Continue reading →

Here’s the data you need to grow your real estate business right now

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The agents who will thrive this year aren’t waiting for the market to change, Jimmy Burgess writes. They’re making the market work for them. Continue reading →

Mortgage rates hit 4-month low and have more room to drop

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Homeowners scrambled to refinance last week as mortgage rates dropped to the lowest level in four months, with homebuyer demand also up by double digits from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Mortg… Continue reading →

If Fannie and Freddie go public, what happens to mortgage rates?

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Impact on rates depends on the structure of rumored IPO. Whatever the plan turns out to be, the Trump administration has stacked the boards at the mortgage giants with its supporters. Continue reading →

Lower mortgage rates get a few more homebuyers off the fence

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Tariff uncertainties and job loss worries meant lower rates had a bigger impact last week on refinancing demand than homebuying, MBA lender surveys show. Continue reading →

Mortgage bankers take a stand against tri-merge credit reporting

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Consumer group say FHFA’s plan to pit VantageScore 4.0 against older FICO Classic score will make “anti-competitive natures of the credit scoring market even worse.” Continue reading →

Mortgage trigger leads will be less crazy, but they ain’t going away

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Loopholes in new law mean credit bureaus will still be able to sell applicants’ information to their current lender, servicer or bank — a boon for lenders who also service their own loans. Continue reading →

In split vote, Fed policymakers snub Trump, leave rates unchanged

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With job market stable and economy chugging along, futures market investors now think the odds of a September rate cut are less than even. Continue reading →

Homebuyers still have jitters about the economy and job market

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Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6 percent last week compared to the week before. Continue reading →

Jobs report gives the Fed more leeway for a September rate cut

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With Trump administration’s Aug. 1 deadline looming, new readings on consumer confidence show would-be homebuyers may be getting less fearful that tariffs will tank the economy. Continue reading →