Lending

Lending (939)

Consumer Prices Rise at Fastest Clip Since 2008

A well-known measure of inflation jumped in May at its quickest year-over-year rate in almost 13 years, according to the Department of Labor. So reports CNBC. Read more...

Mortgage Rates Tick Down With 30-Year at 2.96%

Mortgage rates slipped, as a 30-year fixed-rate loan averaged 2.96% in the week ending June 10, according to Freddie Mac. So reports Bloomberg. Read more...

Record Numbers Think It’s a Bad Time to Buy a Home: Fannie Mae

Americans’ outlook about buying a home is its gloomiest since Fannie Mae began keeping track in 2010, but low interest rates combined with higher savings rates during the pandemic have many still wanting to take the plunge. So reports MarketWatch. Read more...

Bodnar of MMG: Bonds Got Punched in the Face, Then Bounced Back

Bill Bodnar of The Mortgage Market Guide discusses the "hot" CPI, the bond market's muted reaction while taking a look at the charts ahead of the upcoming Fed Meeting. Read more...

Modernizing Valuations and the AMC Model: How Tech is Helping Lenders Win

Record-breaking mortgage activity in 2020 magnified process inefficiencies for many lenders as they struggled to keep pace with the demand surge created by historic-low rates; and even with the market cooling a bit in recent months, it’s still keeping them on their toes. Read more...

Hiring Rebounds in May After Disappointing April Jobs Report

The latest monthly jobs numbers have provided another sign of a strong U.S. recovery, as hiring picked up in May after a lackluster April. So reports NBC. Read more...

Economic Growth Speeds Up, While Prices Rise: The Fed

The Federal Reserve's latest analysis of U.S. economic conditions has found that the recovery kept gaining steam in recent weeks, despite higher costs and labor shortages. So reports Reuters. Read more...

Weekly Mortgage Applications Fall to Lowest Since February 2020

With prices and interest rates on the rise lately, a key measure of mortgage applications has dropped to its lowest level since the early days of the pandemic. So reports Fox Business. Read more...

Biden Unveils Measures to Address Housing Discrimination

President Joe Biden has announced new measures aimed at combating racial discrimination in the housing market as part of an effort to shrink the racial wealth gap. So reports Business Insider. Read more...

Forbearances On the Rise Again: Black Knight

Black Knight noted we saw another week of increases. For example, forbearance volumes rose by another 16,000 (+0.73%) in the most recent week. Read more...

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