The post Mortgage overpayments surge as borrowers fend off rising interest bills appeared first on Weekly Real Estate News.
Mortgage overpayments surge as borrowers fend off rising interest bills
Housing Wire
Mortgage delinquency rate falls to lowest level since 1979
The Mortgage Bankers Association (MBA) reported that the mortgage delinquency rate fell to its lowest level since it began tracking this metric 43 years ago, supporting claims the economy is on the cusp of a […]
Housing Wire
Senator urges DOJ to investigate FICO over increasing costs to mortgage lenders
U.S. Sen. Josh Hawley (R-Mo.) has sent a letter to the U.S. Department of Justice‘s Antitrust Division, urging an investigation of Fair Isaac Corp. (FICO), the company that retains the rights to the mortgage […]
Housing Wire
If mortgage rates fall to 5%, the housing market could get interesting
Homeowners with a mortgage rate above 5% are nearly twice as likely to say that they plan to sell their home than those paying a rate below 5%, according to Zillow’s quarterly survey report. Additionally, […]