Mortgage lending standards ease for refinances
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
by Matt Carter May 26
6 tips you should share with clients before they refinance
Opinion
The lending industry is up to its calculators in mortgage refinances right now. Hopefully most of them are going smoother than mine
by Craig C. Rowe Mar 27
Refinance loans spur 14-year high in lending activity
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000
Low interest rates spur new high for mortgage originations
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
by Lillian Dickerson Nov 18
Mortgage applications decline
The volume of mortgage applications declined 2.5% for the week ending Sept. 11, 2020, according to the Mortgage Bankers Association's weekly survey, released Wednesday
by Lillian Dickerson Sep 16
FHFA
During the second quarter of 2020, 1.69M refinance mortgages were secured by residential properties in the U.S., a number up nearly 50% from the first quarter, and up more than 100% year over year to its highest level in 7 years
by Lillian Dickerson Aug 19
Fannie Mae forecasts mortgage rates under 3% for 2021
The average rate on a 30-year, fixed-rate mortgage could hit 2.9% in 2021, according to Fannie Mae's April housing forecast
by Patrick Kearns Apr 22
Mortgage rates drop to 30-year low
The average contract interest rate for 30-year, fixed-rate mortgages dropped to 3.45%, its lowest level since the Mortgage Bankers Association began its weekly survey
by Lillian Dickerson Apr 15
New York title insurance rates slashed; scandal-plagued state senator quits
State lawmakers and regulators vow to rid title industry of illegal practices, conflicts of interest
by Amy Tankersley May 13