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Mortgage Rates Soar to Pre-pandemic Levels

Mortgage Rates Soar to Pre-pandemic Levels

Friday, 11 February 2022
Lending
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U.S. long-term mortgage rates have jumped to pre-pandemic levels. So reports CNN. Read more...
Bodnar of MMG: What is 2/10's Spread Telling Us?

Bodnar of MMG: What is 2/10's Spread Telling Us?

Friday, 11 February 2022
Lending
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"What a week!!!," says Bill Bodnar, of The Mortgage Market Guide (MMG), "40-year high inflation." Read more...
Mortgage Demand Jumps Amid Refi Rush

Mortgage Demand Jumps Amid Refi Rush

Friday, 04 February 2022
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A measure of weekly mortgage demand has climbed as surging interest rates prodded homeowners to lock in savings from refinancing while they still could. So reports CNBC. Read more...
Q4 Homeowner Equity Surges with Housing Market

Q4 Homeowner Equity Surges with Housing Market

Friday, 04 February 2022
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ATTOM Data Solutions has unveiled data showing that almost one of every two mortgaged homes were “equity rich” in the fourth quarter of 2021, as the housing market boomed. So reports RisMedia. Read more...
Santander to Quit U.S. Mortgage Lending Biz

Santander to Quit U.S. Mortgage Lending Biz

Friday, 04 February 2022
Lending
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Santander has announced that it will end its home lending business in the U.S. market. So reports Banking Dive. Read more...
Mortgage Rates Hold Steady, But Economists Predict Turbulence

Mortgage Rates Hold Steady, But Economists Predict Turbulence

Friday, 04 February 2022
Lending
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U.S. long-term mortgage rates have had a flat week, but economic observers warn that volatility could be on the way. So reports MarketWatch. Read more...
Bodnar of MMG: What's the Impact of a Surprisingly Hot Jobs Report?

Bodnar of MMG: What's the Impact of a Surprisingly Hot Jobs Report?

Friday, 04 February 2022
Lending
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Friday's surprisingly hot jobs report now puts the Fed back in hawkish mode and just about cements a rate hike in March, according to Bill Bodnar of the Mortgage Market Guide (MMG). Read more...
Bodnar of MMG: All About the Fed

Bodnar of MMG: All About the Fed

Friday, 28 January 2022
Lending
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Bill Bodnar of the Mortgage Market Guide (MMG) says all the focus is on the Fed. "In addition to hiking rates in March, [the Fed] said something that pointed right at the housing market." Read more...
Rate Hikes Loom as Fed Hints at March Increases

Rate Hikes Loom as Fed Hints at March Increases

Friday, 28 January 2022
Lending
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The Federal Reserve has given its most direct indication yet that it might begin raising interest rates as early as March, which will likely also put pressure on mortgage rates. So reports CNBC. Read more...
Guaranteed Rate to Lay Off 348 in Stearns Wholesale Closure

Guaranteed Rate to Lay Off 348 in Stearns Wholesale Closure

Friday, 28 January 2022
Lending
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 After Guaranteed Rate opted to shutter Stearns Lending’s third-party wholesale channel, Stearns has divulged plans to lay off 348 employees. So reports Inman. Read more...

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