Tag Archives: mortgage refinancing

Lower partners with Orchard to offer Power Buyer services

By Matt Carter | May 20, 2022 - 5:18 pm |May 20, 2022 Uncategorized

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As rising interest rates curb mortgage refinancings, Lower will also target homebuyers through a strategic partnership with iBuyer powerhouse Opendoor. Continue reading →

Home sales, homebuilding headed for a slowdown, Fannie Mae says

By Matt Carter | May 19, 2022 - 7:30 pm |May 19, 2022 Uncategorized

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“Large deceleration” in home price appreciation next year could lead to price declines in some regions. Continue reading →

Homebuyer mortgage demand falls even as rates ease from 2022 highs

By Matt Carter | May 18, 2022 - 11:00 am |May 18, 2022 Uncategorized

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Economic uncertainty and stock market volatility may have helped drive 12 percent decline in purchase mortgage applications. Continue reading →

Digital title insurer Doma laying off 310 employees as refis plummet

By Matt Carter | May 11, 2022 - 8:24 pm |May 11, 2022 Uncategorized

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Executives say the layoffs will save the company about $30 million a year and help it bring its technology to bear on purchase mortgages. Continue reading →

Off-season rebound for mortgages could bode well for fall home sales

By Matt Carter | November 17, 2021 - 12:03 pm |November 17, 2021 Uncategorized

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Second straight week of increases in purchase loan applications following rate reversal suggests stronger sales activity in the weeks to come, according to the Mortgage Bankers Association. Continue reading →

Drop in mortgage rates triggers more interest in refinancing than homebuying

By Matt Carter | November 10, 2021 - 12:01 pm |November 10, 2021 Uncategorized

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Requests to refinance accounted for almost two-thirds of all mortgage applications during the week ending Nov. 5. Continue reading →

UWM posts record mortgage volume, but Q3 profits sag

By Matt Carter | November 9, 2021 - 7:48 pm |November 9, 2021 Uncategorized

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Net income down 77 percent from a year ago, when refinancing boom drove higher profit margins. Continue reading →

Home sales predicted to close out 2021 with surprising strength

By Matt Carter | October 15, 2021 - 8:48 pm |October 15, 2021 Uncategorized

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Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7 percent to 6.8 million. Continue reading →

Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears

By Matt Carter | October 15, 2021 - 1:32 pm |October 15, 2021 Uncategorized

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The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks. Continue reading →

Mortgage rates for home loans hit highest levels since June

By Matt Carter | October 13, 2021 - 11:01 am |October 13, 2021 Uncategorized

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Purchase loan applications rose 2 percent week over week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, released Wednesday. Continue reading →