The mortgage market shows a huge gap in wealth inequality

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on June 24th, 2021 at 04:37 pmThe U.S. mortgage market shows a widening gap between borrowers who are taking full advantage of record-low rates while protracted unemployment drives serious delinquencies to their highest levels since 2010. According toContinue Reading

Mortgage Applications This Week Decreases By 6.5%

By:
In: Mortgage News, Home Equity News, New Home Mortgage News, Refinance News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 10:17 amAccording to the Mortgage Bankers Association (MBA) Weekly Mortgage Applications Survey, in the week ending 21 August 2020, mortgage applications saw a weekly decrease of 6.5%. The Refinance Index decreased 10% from the previousContinue Reading

Is the Sudden Refi fee to help fulfill the goal of recapitalization by FHFA?

By:
In: Mortgage News, Refinance News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 10:10 amFannie and Freddie plan to charge lenders an extra 0.5% on most purchases of refinanced loans.  Mortgage experts say this comes with an unexpected price for lenders. Lenders face the prospect of millions of dollarsContinue Reading

Two-Thirds Of Home Loans In Q2 Of 2020 Ruled By Refinance

By:
In: Mortgage News, New Home Mortgage News, Realtor News, Refinance News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 3rd, 2021 at 10:10 amAccording to the ATTOM Data Solutions 2020 U.S. Residential Property Mortgage Origination Report – The second quarter of 2020 saw 1.69 million refinance mortgages secured by residential properties.  The homeowner’s refinance loans are at the highestContinue Reading

MBA Reports of 30% fall in Mortgage Credit Availability

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on February 2nd, 2021 at 05:19 pmAccording to the Mortgage Bankers Association, Mortgage credit availability is continuously declining, tightening to the lowest level since April 2014. The MBA’s Mortgage Credit Availability Index decreased for the seventh straight month, slidingContinue Reading