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FHA Hikes Loan Limits for 2021, Raising Floor to $356,362

FHA Hikes Loan Limits for 2021, Raising Floor to $356,362

Friday, 04 December 2020
Lending
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The Federal Housing Agency has announced its loan limits for 2021, with most areas of the country to see an increase in the next 12 months. Read more...
Bodnar of MMG: Two Dates to Watch

Bodnar of MMG: Two Dates to Watch

Friday, 04 December 2020
Lending
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Bill Bodnar of The Mortgage Market Guide (MMG) says he is looking to December 11 and December 21 to see if the government will shut down and whether there will be a stimulus deal prior to Congressional recess. Read more...
A Modest Decline in Active Forbearances: Black Knight

A Modest Decline in Active Forbearances: Black Knight

Friday, 04 December 2020
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Black Knight says there was a modest decline in the number of active forbearance plans this week. Read more...
Bodnar of MMG: Higher Highs and Higher Lows

Bodnar of MMG: Higher Highs and Higher Lows

Friday, 20 November 2020
Lending
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Bill Bodnar of The Mortgage Market Guide (MMG) discusses higher highs, and higher lows on the 10-year note and other items that could impact client discussions. Read more...
Forbearances Tick Up Slightly Again: Black Knight

Forbearances Tick Up Slightly Again: Black Knight

Friday, 27 November 2020
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The number of mortgages in active forbearance saw another slight increase, jumping by 27,000 from last Tuesday, according to recently released data from Black Knight. Read more...
Fannie, Freddie Regulator Seeks to Expedite Privatization

Fannie, Freddie Regulator Seeks to Expedite Privatization

Wednesday, 25 November 2020
Lending
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The head of the federal agency that oversees Fannie Mae and Freddie Mac has been working to streamline the mortgage giants’ exit from government control. Read more...
Jobless Claims On the Rise Again

Jobless Claims On the Rise Again

Wednesday, 25 November 2020
Lending
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After falling for five straight weeks, the number of Americans applying for unemployment assistance has risen again the past two weeks. Read more...
Existing Home Sales Post Fifth Straight Uptick

Existing Home Sales Post Fifth Straight Uptick

Wednesday, 25 November 2020
Lending
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Sales of previously owned U.S. homes have now risen for five consecutive months. So reports Reuters. Read more...
Mortgage Rates Hit New Milestone With Drop Below 2.75%

Mortgage Rates Hit New Milestone With Drop Below 2.75%

Wednesday, 25 November 2020
Lending
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Mortgage rates have cracked a new watermark in a year of record lows, with the benchmark 30-year fixed-rate mortgage dipping below the 2.75% threshold for the first time ever. So reports Yahoo Finance. Read more...
Bodnar of MMG: A Vaccine and a Rapid Rise in COVID-19 Cases

Bodnar of MMG: A Vaccine and a Rapid Rise in COVID-19 Cases

Sunday, 15 November 2020
Lending
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Bill Bodnar of The Mortgage Market Guide discussed the impact of recent vaccine news, other potential vaccine candidates and the rapidly rising COVID-19 case count. Read more...

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