Lenders less certain about future growth in purchase mortgages
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as anticipated. Continue reading
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as anticipated. Continue reading
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic. Continue reading
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed to fulfill higher buyer demand. This softer sales response also suggests more upward pressure on pr… Continue reading
Falling mortgage rates have fueled boom in refinancing, but demand for purchase loans has slipped, according to data from Black Knight. Continue reading
Black Knight app now manages payments to track current value of a home, provides refinancing rates and compares mortgage insurance prices. Continue reading
Black Knight app now manages payments to track current value of a home, provides refinancing rates and compares mortgage insurance prices. Continue reading
Black Knight app now manages payments to track current value of a home, provides refinancing rates and compares mortgage insurance prices. Continue reading
Black Knight app now manages payments to track current value of a home, provides refinancing rates and compares mortgage insurance prices. Continue reading
Although rates eased for the most popular type of mortgage among homebuyers — the 30-year fixed-rate conforming loan — rates for jumbo mortgages, FHA loans and adjustable-rate mortgages were up slightly. Continue reading
But dwindling profit margins on shrinking mortgage refinancings take a deep bite out of second-quarter earnings. Continue reading