Lending - The Mortgage Leader

MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.

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Lending (1438)

Mortgage Rates Climb to Highest in More Than 20 Years

Saturday, 19 August 2023

Lending

Written by The Mortgage Leader

U.S. long-term mortgage rates have surged to their highest level in more than two decades as the Federal Reserve weighs whether to continue raising interest rates. So reports ABC News. Read more...

Homeowners with Rates Over 5% More Likely to Sell: Zillow

Sunday, 06 August 2023

Lending

Written by The Mortgage Leader

The share of homeowners with rates above 5% who plan to sell is approximately double the share of homeowners with rates below 5%, according to Zillow research. So reports NEXT Mortgage News. Read more...

Mortgage Rates Rise Amid Upbeat Data, Credit Downgrade

Sunday, 06 August 2023

Lending

Written by The Mortgage Leader

U.S. long-term mortgage rates have risen toward the 5% mark following positive economic readings and Fitch Ratings’ downgrade of the U.S. government’s debt rating. So reports Dow Jones. Read more...

Guaranteed Rate Launches 1% Down Payment Program

Sunday, 06 August 2023

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Written by The Mortgage Leader

Guaranteed Rate has announced a new mortgage loan program offering a 1% down payment option. So reports RISMEdia. Read more...

Rocket Cos. Names Varun Krishna as CEO

Sunday, 06 August 2023

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Written by The Mortgage Leader

Rocket Companies has appointed Varun Krishna as its new permanent CEO. So reports the Detroit Free Press. Read more...

Bodnar of MMG: A Lot Of Buying Momentum in Bonds

Sunday, 06 August 2023

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Written by The Mortgage Leader

"This week, we look at the 10-year note yield chart and watched yields right from an important yield resistance level on the heels of a softer than expected Jobs Report," says Bill Bodnar of the Mortgage Market Guide (MMG). Read more...

Bodnar of MMG: The Calm Before the Storm

Sunday, 23 July 2023

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Written by The Mortgage Leader

Bill Bodnar of the Mortgage Market Guide says this past week is the calm before the storm. Read more...

Fannie Mae Maintains Forecast of Mild Recession

Sunday, 23 July 2023

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Written by The Mortgage Leader

Fannie Mae’s Economic and Strategic Research Group has noticed the resiliency of the U.S. economy, but isn’t backing away from its recession projections just yet. So reports NEXT Mortgage News. Read more...

First American: "Home Sales Have Likely Already Bottomed"

Sunday, 23 July 2023

Lending

Written by The Mortgage Leader

First American Financial has suggested that existing home sales may have nowhere to go but up, which would be welcome news for mortgage lenders. So reports MReport. Read more...