LoanDepot narrows Q2 loss on spring mortgage demand
At $4.55B, loanDepot's Q2 purchase loan originations were up 30% from Q1, thanks in part to the seasonal boost provided by spring homebuyers, but down 52% from a year ago
by Matt Carter Aug 8
Rocket back in the black after boosting purchase market share
Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages
by Matt Carter Aug 4
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
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
Refis up 104% year-over-year
Residential refinance mortgages more than doubled in Q4 2019, bringing them to their highest point in nearly 7 years, according to new data from Attom Data Solutions
by Lillian Dickerson Mar 19
Mortgage demand hits new low
Fannie Mae's latest quarterly survey on lender sentiment reports a bleak outlook for mortgage lending in Q4 and likely for the future
by Teke Wiggin Dec 12
Demand for purchase mortgages still lagging
Applications down 15 percent from a year ago
by Teke Wiggin Jul 23
Demand for purchase mortgages down 10 percent from a year ago
ARM loans accounted for 8 percent of home loan requests
by Teke Wiggin Jul 9
Purchase mortgage applications down as some preapproved buyers can't find homes
Purchase mortgage applications hit 19-year low
No sign of expected pickup in buyer demand
by Teke Wiggin Feb 26