Search Results for:

You are here

News 2 days ago
Purchases Out Front of Jump in Mortgage Apps

With purchase-money applications leading the way, weekly applications for home loans made a healthy ascension. Refinance share, however, continued...

Share
News 3 days ago
Serious Mortgage Delinquency Down from Year Ago

While there was no month-over-month change in serious mortgage delinquency, there was a year-over-year improvement. Miami saw a significant...

Share
News 3 days ago
Q2 Mortgage Refinance Outlook Increases

The second-quarter forecast for refinance originations has been raised-- though the gain came at the expense of expected second-half production...

Share
News 4 days ago
West Leads Builder Confidence to Lowest Since 2017

With the West leading the way, builder confidence dropped to the lowest level since last year. Much of the weakening was due to current sales...

Share
News 1 week ago
Increase in Mortgage Business Led by Conventional

Conventional activity led a week-over-week increase in new mortgage business. Rate-term refinance share descended to a new record low, while...

Share
News 1 week ago
Mortgage Rates Rise, Could Climb Further

Interest rates on residential loans inched higher this past week, and the outlook-- both short-term and long-term-- is for further ascension thanks...

Share
News 1 week ago
Over 50 Mortgage Related Events in Q2

Among the more than 50 events on Mortgage Daily's Mortgage Conference Calendar for the second quarter are multiple annual trade group conventions,...

Share
News 1 week ago
FHA Share Balloons, Record Low Rate-Term Refi Share

The share of prospective borrowers seeking loans insured by the Federal Housing Administration was wider than during any week since Mortgage Daily...

Share
News 2 weeks ago
Mortgage Rates Fall But Could Escalate

There was a nice decline in average rates for residential loans this past week. But one forecast has fixed rates giving back all the improvement...

Share
News 2 weeks ago
Mortgage Credit Tightest in 13 Months

The availability of credit for people desiring to finance a residential property was the lowest it's been in more than a year. Leading the...

Share
News 2 weeks ago
Post-Crisis Low for Mortgage Refinance Share

The last time that refinances accounted for this small of a share of mortgage applications, America was in the midst of a financial meltdown....

Share
News 2 weeks ago
Delinquency Down on Bank HELs, Up on HELOCs

Even though the quarterly performance of bank-owned installment loans secured by home equity improved, home-secured credit-line delinquency...

Share
News 2 weeks ago
LIBOR Replacement Goes Live

As the London Interbank Offered Rate nears retirement, quotes for a preferred replacement index for many of the loans and credit instruments that...

Share
News 2 weeks ago
Purchases Pull Down Weekly Mortgage Business

Although rate-term share fell to a new low, weekly refinance business was slightly stronger. But slowing purchase-money activity was enough to pull...

Share
News 3 weeks ago
Dip in Mortgage Rates Could Accelerate

Fixed mortgage rates moved modestly lower over the past week, and a further descension could be ahead during the upcoming seven days. Thirty-year...

Share
News 3 weeks ago
Fraud Less Likely On ARMs Than Fixed-Rate Loans

A report that measures the risk of fraud on home-loan applications says that risk on loans with adjustable rates is lower than on fixed-rate...

Share
News 3 weeks ago
Northeast Leads Bounce in Pending Home Sales

After declining to the slowest pace in more than three years, pending home sales increased last month. Out front of the rise was the Northeast.The...

Share
News 3 weeks ago
$34 Mil in Nonperforming GSE Loans Trading Hands

The sale of more than $34 million in government-sponsored enterprise-backed residential loans that are not performing has closed. The loans are...

Share
News 3 weeks ago
3 Home Price Indices All Continue Moving Higher

A trio of monthly home price indices indicate that the value of American homes continues to escalate. One forecast has continued growth in house...

Share
News 3 weeks ago
Mortgage Applications Up Led by Refinances

The weekly volume of people applying for a new home loan accelerated, and it was refinance activity that was out front of the week-over-week gain....

Share
News 4 weeks ago
Mortgage Jobs, Servicing Grow at Lake Michigan CU

Although quarterly and annual home lending retreated at Lake Michigan Credit Union, the servicing portfolio and mortgage staffing both expanded.As...

Share
News 4 weeks ago
Mortgage Rates Could Move Lower

While monthly interest rates on residential loans headed north, weekly rates held steady. But stock market volatility could have fixed rates...

Share
News 1 month ago
Real Estate Services Giant Being Acquired

A title insurance giant that has been a fixture on the American real estate landscape since the 1800s has agreed to be acquired by a larger peer...

Share
News 1 month ago
Refi Share Wider Despite Record Low Rate-Term

A modest weekly drop in new mortgage business was led by adjustable-rate mortgages. Government share widened, as did refinance share thanks to a...

Share
News 1 month ago
Fixed Mortgage Rates Retreat First Time Since 2017

For the first time this year, fixed interest rates on residential loans turned lower. But the story was different for adjustable-rate mortgages...

Share
News 1 month ago
Mortgage Subservicer Hiring Hundreds in Missouri

A company that subservices residential loans has opened a new office in Missouri and plans to add hundreds of new employees by the end of this year...

Share
News 1 month ago
4-Month Low for Home Builder Confidence

Slowing buyer traffic drove U.S. home builder confidence to the lowest level in four months, though the degree of confidence still remains solid....

Share
News 1 month ago
Churchill Mortgage Adds Wholesale Originations

Home lending activity turned lower at Churchill Mortgage Corp., as did headcount. The company has started reporting originations through the...

Share
News 1 month ago
Mortgage Applications Up on Purchase-Money Surge

A weekly decline in refinance mortgage applications was more than offset by a surge in purchase-money activity. The jumbo-conforming spread,...

Share
News 1 month ago
Refinances Restrain Weekly Mortgage Activity

An improvement in weekly purchase-money business wasn't enough to offset a drop in refinances. Meantime, the share of activity for loans to...

Share