Average rate on a 30-year mortgage falls slightly, easing borrowing costs for home shoppers
LOS ANGELES (AP) — The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices. The rate fell to 6.89% […]
Households May Finally Be Adjusting to Higher Mortgage Rates
The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 0.9 points in March to 71.9, its first decline since November 2023, due primarily to increased pessimism about the direction of mortgage rates. Thirty-four percent […]
Lone Wolf announces mortgage integration
Lone Wolf Technologies has announced a new integration for Lone Wolf Transactions (zipForm Edition) and Lone Wolf Transactions (TransactionDesk Edition): Mortgage prequalification. The new integration opens the door for a range of mortgage […]
Second mortgage market insights Q3 2023 finds active capital markets
Home Equity Lending News LLC (HELN), the exclusive source of breaking news and statistics about second-mortgage lending, has published its Second Mortgage Market Insights Q3 2023. The report, sponsored by Consolidated Analytics Inc., […]
Home-mortgage lending revives across U.S. in the second quarter of 2023
ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S. Residential Property Mortgage Origination Report, which shows that the total number of mortgages secured […]
Realtor.com August housing report: Home prices tick up after two months of declines
Following two months of year-over-year declines, home prices rose in August (+0.7%) as the number of homes on the market decreased for the second month in a row, down -7.9% […]
Study finds 60% of mortgage professionals live paycheck to paycheck amongst market uncertainty
Everee, a leading payroll technology company upending the two-week pay cycle, today released its 2023 Mortgage Industry Commission & Retention Report, finding that 60% of mortgage professionals are living paycheck […]
Home-mortgage lending across U.S. falls to more than 20-year low
ATTOM has released its first-quarter 2023 U.S. Residential Property Mortgage Origination Report, which shows that just 1.25 million mortgages secured by residential property (1 to 4 units) were originated in […]
Home buyers’ mortgage payments have started stretching a bit further in recent months
As mortgage rates doubled last year, the home price afforded by a $3,000 payment1 plummeted from $865,000 in January to a low of $560,000 in October. That significantly changed the size and price of homes within a […]
How do interest rates affect mortgages and home building?
There are plenty of mortgage calculators that confirm rising interest rates affect a monthly payment. This is worth considering when purchasing an existing home or building a home. While it […]
Mortgage lending slumps again across U.S.
ATTOM has released its fourth-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 1.52 million mortgages secured by residential property (1 to 4 units) were originated in the […]
Steep drop in mortgage lending continues across U.S. in third quarter, hitting three-year low
ATTOM has released its third-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 1.97 million mortgages secured by residential property (1 to 4 units) were originated in the […]
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