Mortgage overpayments vs savings: what’s the best option for your cash?

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 […]

“For the first time since the inception of MBA’s report in 2008, net production income was in the red in 2022, with losses averaging 13 basis points,” said MBA’s Marina Walsh. The post Production Profits […]

NEW YORK (Reuters) – U.S. 30-year mortgage rates rose to an average of 6.81% this week, the highest level of 2023, according to Freddie Mac’s mortgage market survey. Mortgage rates have risen sharply in tandem […]