The biggest monthly move since 2013, a four-point drop in average FICO scores from March to April, is confined to borrowers refinancing existing loans
Requests to refinance dip as interest rates inch up again
The MBA's Weekly Mortgage Applications Survey showed requests for loans were up 2.1% on a seasonally adjusted basis during the week ending May 7 compared to the week before
In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June
Drop in purchase loan originations may be another sign the market is topping off
A weekly Freddie Mac survey doesn't fully reflect new data that's pushed rates up this week on inflation worries
In a first, more people thought April was a bad time to buy a home than a good time, according to Fannie Mae's latest survey of home purchase sentiment
Good news for would be-homebuyers and homeowners looking to refinance
Applications for mortgage purchase loans fell for the second week in a row at the end of April, according to the Mortgage Bankers Association's weekly mortgage application survey
The pending home sales index rose from the previous month in every US region but the Midwest, while all regions saw gains year over year
The 30-year fixed-rate mortgage averaged 2.98%, up slightly from last week’s 2.97%, according to Freddie Mac's Primary Mortgage Market Survey released Thursday
OJO Labs' latest homebuyer survey found that Black homebuyers were three times more likely to have a credit score below 660, which inhibits access to down payment assistance programs and agent support
'The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain,' said the Federal Reserve Open Market Committee
Today's extremes won't last forever, but there's no silver bullet to end the crisis, and it's likely shortages in some form will drag on for years
The iBuyer revised its purchase requirements to include pricier homes, older homes and homes in age-restricted and gated communities