Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

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Homebuyers Ring in Holiday Season with Mortgage Applications

Friday, Dec 04 2020
Lending
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The start to the holiday season has brought with it a surge in demand from homebuyers. So reports The Real Deal.

The Mortgage Bankers Association announced that its seasonally adjusted purchase index rose 9% for the week ending November 27.

“Housing demand remains strong, and despite extremely tight inventory and rising prices, home sales are running at their strongest pace in over a decade,” Joel Kan, MBA’s chief industry forecaster, said in a statement.

Read the full article from The Real Deal. 

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