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Lending (1539)

Borrowers Are Underwater on 8% of Homes Bought This Year

Borrowers Are Underwater on 8% of Homes Bought This Year

Friday, 09 December 2022
Lending
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Buyers of about 8% of homes purchased with a mortgage in the first nine months of 2022 already owe more than the value of their house, a Black Knight analysis has found. So reports Yahoo! Finance. Read more...
Mortgage Rates Drop for Fourth Straight Week

Mortgage Rates Drop for Fourth Straight Week

Friday, 09 December 2022
Lending
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U.S. long-term mortgage rates have turned in their fourth consecutive week of declines. So reports CNN. Read more...
Bodnar of MMG: What's Happening Now and Why

Bodnar of MMG: What's Happening Now and Why

Friday, 09 December 2022
Lending
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"On Friday, the Producer Price Index was hotter than expected on headline, core, annual and month over month basis," says Bill Bodnar of the Mortgage Market Guide (MMG). Read more...
United Wholesale Mortgage Expands Buydown Options

United Wholesale Mortgage Expands Buydown Options

Friday, 02 December 2022
Lending
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United Wholesale Mortgage has expanded buydown options, building on a trend of lenders offering home buyers concessions. So reports RealTrends. Read more...
Reverse Mortgage Funding Files for Bankruptcy

Reverse Mortgage Funding Files for Bankruptcy

Friday, 02 December 2022
Lending
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Reverse Mortgage Funding has filed for Chapter 11 bankruptcy, joining the ranks of companies felled by rising mortgage rates. So reports Bloomberg. Read more...
Mortgage Rates Fall for a Third Straight Week

Mortgage Rates Fall for a Third Straight Week

Friday, 02 December 2022
Lending
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U.S. long-term mortgage rates have declined for a third consecutive week as inflation fears eased. So reports the Associated Press. Read more...
Does $1M Conforming Limit Help or Harm Affordability?

Does $1M Conforming Limit Help or Harm Affordability?

Friday, 02 December 2022
Lending
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The housing industry has been debating whether a recent move by the Federal Housing Finance Agency to raise the top conforming loan limit to more than $1 million will help make homes more affordable for buyers. So reports CNN. Read more...
Bodnar of MMG: Takeaways from the Jobs Report and Fed Chair's Speech

Bodnar of MMG: Takeaways from the Jobs Report and Fed Chair's Speech

Friday, 02 December 2022
Lending
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The speech from Fed Chair Jerome Powell and the recent Jobs Report are dominating the financial markets. Read more...
Bodnar of MMG: Does Mortgage Rate Relief Have Legs?"

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

Tuesday, 22 November 2022
Lending
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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

G-Fees Rose in 2021 Thanks to Adverse Market Fee

Tuesday, 22 November 2022
Lending
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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...

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