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News 1 day ago
Mortgage Biz Slips, Purchases Down Most

New mortgage activity slowed down this week, and purchase financing took the biggest hit. At the other end of the spectrum were refinances, which...

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News 2 days ago
Stabilization in Mortgage Rates Could Continue

Mortgage rates were little changed this past week, and one short-term outlook has them staying put for the next week. Another forecast has...

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News 3 days ago
Mortgage Applications Pulled Down by Purchases

A week-over-week drop in new mortgage applications was fueled by a decline in purchase-money applications as refinance activity ascended. The jumbo...

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News 4 days ago
Home Builder Confidence Holds, Buyer Traffic Up

Despite an improvement in buyer traffic for new residential properties, a decline in the outlook for the rest of this year kept home builder...

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News 4 days ago
1st Mortgage 90-Day Rate Down 3 Mths in Row

Last month's rate of serious mortgage delinquency moved lower and has shown improvement now for three consecutive months. Miami's drop was biggest...

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News 1 week ago
Purchases Lead Weekly Mortgage Business Up

New mortgage activity picked up from the holiday week, with home-purchase financing leading the way. But the cashout share of business diminished...

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News 1 week ago
Escalation Reported for Mortgage Rates

The short-term report is that interest rates on residential loans turned higher this past week. The medium-term outlook is for more of the same.For...

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News 1 week ago
Purchase Surge Overcomes Mortgage Refi App Decline

Even though refinance business slowed to the lowest level since the turn of the century, a surge in loan applications for purchase financing drove...

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News 1 week ago
Mortgage Bankers Cut 3-Yr Purchase Forecast

U.S. mortgage bankers have lowered their three-year housing forecast for purchase-money loan originations by more than $80 billion.For the three...

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News 1 week ago
Jumbo Lending Lots Looser as Lenders Fight for Biz

Residential lenders relaxed credit requirements last month to the most flexible level since January. Driving the improvement were ambitious lenders...

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News 2 weeks ago
Mortgage Biz in July 4 Week Lowest Since Holidays

As Americans celebrated the 242nd birthday of the United States, new mortgage business sank to the lowest level since the holidays. Adjustable-rate...

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News 2 weeks ago
Another RMBS Settlement for RBS

Another settlement has been reached by the Royal Bank of Scotland over its handling of the sale of residential mortgage-backed securities. RBS has...

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News 2 weeks ago
Mortgage Rates Lowest Since April

Home-lending interest rates retreated again and now stand at their lowest level since April. Average rates on hybrid adjustable-rate mortgages...

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News 2 weeks ago
Mortgage Refi App Slump Overcomes Purchase Bump

A few more applications that were completed for house-purchase loans were more than offset by a decline in the volume of refinance applications....

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News 2 weeks ago
Over 100 Mortgage Jobs Being Created in NM

Less than a month after hiring a new president, Waterstone Mortgage Corp. announced plans to add more than a hundred people to its staff in the...

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News 3 weeks ago
Record Low Rate-Term Refi Business

Prospective rate-term refinance business descended to the lowest level in at least six years. Still, overall refinance activity moved higher even...

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News 3 weeks ago
30-Yr Mortgage Rates Down 4 Out of Last 5 Weeks

For four out of the last five weeks, 30-year fixed rates have retreated. Meanwhile, an index used on pre-crisis adjustable-rate mortgages is in...

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News 3 weeks ago
Fed Conducts Stress Test on U.S. Households

A report from the Federal Reserve Bank of New York indicates that while the household sector is still vulnerable to severe home-price declines, it...

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News 3 weeks ago
Purchases Drive Down Risk of Mortgage App Fraud

A significant improvement in application fraud on loans to finance home purchases pulled down overall risk from a month earlier and a year earlier...

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News 3 weeks ago
South Drives Down Pending U.S. Home Sales

Despite an improvement in the other three regions, pending home sales in the South sank-- sending the overall national level lower. The drop was...

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News 3 weeks ago
10-Week High for Refi Share As Mortgage Apps Fall

Even as overall weekly mortgage applications decelerated, refinance share reached a 10-week high. The spread between conforming and jumbo interest...

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News 3 weeks ago
Rising Home Prices Exacerbated by Tariffs

Just as relief was in sight for rapidly escalating home prices, new tariffs from the Donald Trump administration added more fuel to the fire.A...

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News 4 weeks ago
Supreme Court Could Hear CFPB Constitutionality Case

A decision by a federal judge in New York could bring the constitutionality of the Consumer Financial Protection Bureau before the nation's highest...

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News 4 weeks ago
ARM Biz Rises as Share Balloons, Fixed Biz Falls

Adjustable-rate mortgage business climbed as ARMs accounted for one-in-five new transactions. But weekly fixed-rate business was lower. The jumbo...

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News 1 month ago
Weekly Mortgage Rates Down, Monthly Rates Up

Although interest rates on consumer mortgages were higher on a monthly basis, a week-over-week reduction was recorded. Most industry economists see...

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News 1 month ago
Acceleration in Weekly Mortgage Applications

A nice improvement in the volume of mortgage applications was recorded for last week. Even more impressive was the rise in applications for loans...

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News 1 month ago
Drop in 1st Mortgage Delinquency

Even though first-mortgage delinquency stands higher than it did a year ago, residential loan servicers made gains on a month-over-month basis....

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News 1 month ago
Q3 Refi Outlook Raised

A modest boost to the expected volume of third-quarter refinance production has a small bump being made to the overall annual origination outlook...

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News 1 month ago
Heavy Lumber Costs Weigh Down Builder Confidence

After making a lackluster comeback last month and led by the South, home builders grew less confident this month. Hurting conditions are recent...

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News 1 month ago
Escalation for Weekly Mortgage Market Index

Data that provides a peek into potential production came in strong this past week. Refinance business saw an improvement that was double that of...

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