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Mortgage prepayment rebounds as spring home buying season takes hold
March 23, 2023
Mark Paul Cervantes
Housing Wire
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Mortgage prepayment broke a four-month streak of record lows in February, with relief likely to extend as the spring home buying season takes hold, Black Knight’s mortgage performance data showed. “Prepayment activity ticking up slightly […]
Mortgage rates continue to climb beyond 7%
August 24, 2023
Allen Santos
Housing Wire
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Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central […]
Mortgage Application Volume Decreased Last Week
May 4, 2023
Mark Paul Cervantes
Mortage News
Comments Off on Mortgage Application Volume Decreased Last Week
The Mortgage Bankers Association (MBA) noted a slight decrease in mortgage applications during the week ended April 28. Joel Kan, MBA’s Vice President and Deputy Chief Economist, said the 1.2 percent decrease in MBA’s seasonally […]