Lending

Lending (1218)

Bodnar of MMG: Does Mortgage Rate Relief Have Legs?"

Mortgage rates endured the sharpest weekly decline in decades. Bill Bodnar of the Mortgage Market Guide asks: "Does the rate relief have legs?" Read more...

G-Fees Rose in 2021 Thanks to Adverse Market Fee

The average single-family guarantee fee last year was 56 basis points, up two basis points from the year before, according to the latest data from the Federal Housing Finance Agency. So reports MReport. Read more...

Mortgage Buydowns Climb as Builders Hunt Buyers

Homebuilders have ramped up their incentive offerings to combat weakened demand for new homes. So reports Builder. Read more...

Mortgage Rates See Biggest Weekly Drop in Four Decades

Economic indicators that inflation may be cooling have driven U.S. long-term mortgage rates to their sharpest weekly decline in more than four decades. So reports CNN. Read more...

Mortgages Drive Sharpest Rise in Household Debt Since 2007

The Federal Reserve has revealed that sharp upticks in mortgage balances and credit card usage helped drive up household debt in the third quarter at the fastest clip in 15 years. So reports CNBC. Read more...

Secured Signing Aims to Position Lenders for Success

In choosing companies to work with, lenders have many considerations. One of the major takeaways from this year’s MBA Annual is that with the ever-increasing cost to do business, paired with low origination volumes, lenders need to make better decisions related to leveraging digital technologies and exploring innovative ways to cut costs while not compromising… Read more...

First-Time Homebuyers Feel Pinch of Higher Mortgage Rates

Soaring borrowing costs in the United States have pushed first-time homebuyers to spend potentially unaffordable amounts on mortgage. So reports Bloomberg. Read more...

Consumer Confidence in Housing Hits Record Low: Fannie Mae

An uncertain economic climate along with upward motion in both interest rates and home prices have darkened Americans’ view of the housing market. So reports CNBC. Read more...

Mortgage Rates Rebound to Higher Than 7%

U.S. long-term mortgage rates have bounced back above the 7% level after a one-week drop. So reports CNN. Read more...

Mortgage Demand Levels Off as Rates Rise Again

With mortgage rates on the rise, consumer demand for mortgages has inched in the opposite direction. So reports CNBC. Read more...

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