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Nearly 90% of recent mortgages originations were purchase loans
June 13, 2023
Mark Paul Cervantes
Housing Wire
Comments Off on Nearly 90% of recent mortgages originations were purchase loans
The housing market, which is facing challenges with mortgage rates, affordability, prices and inventory, hasn’t been this purchase-dominant in decades, according to Black Knight’s originations market monitor report. Today, nearly nine out of every 10 […]
Will Mortgages Get Less Expensive in 2023?
September 25, 2022
Mariel Alumit
Weely Real Estate News
Comments Off on Will Mortgages Get Less Expensive in 2023?
Source: The Motley Fool — There’s a reason so many potential home buyers have struggled to become property owners this year. Between limited inventory and soaring home prices, affordability issues and a lack of choices have […]
Mortgage News: More Lenders Up Cost Of Borrowing As Rate Pessimism Deepens
June 7, 2023
Mark Paul Cervantes
Inflation, Mortage News, Top News
Comments Off on Mortgage News: More Lenders Up Cost Of Borrowing As Rate Pessimism Deepens
Lenders are significantly increasing the cost of mortgage borrowing, as was widely expected following last month’s inflation news, to the dismay of beleaguered borrowers, writes Jo Thornhill. The headline rate of inflation fell from 10.1% to […]