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Mortgage Application Activity Hits 28-Year Lows
September 7, 2023
Mariel Alumit
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A powerful hurricane and an approaching three-day weekend may have offset the impact of an improvement in interest rates during the week ended September 1. The Mortgage Bankers Association (MBA) said its Market Composite Index, […]
Changes are coming to some mortgage fees next month
April 27, 2023
Mark Paul Cervantes
Housing Bubble, Top News, U.S. Housing Market
Comments Off on Changes are coming to some mortgage fees next month
Fees on mortgages backed by Freddie Mac and Fannie Mae are set to change next month, in a plan designed to make homeownership more affordable for more people. Broadly, the fees will go down for […]
Mortgage Applications Down 4.1%
April 6, 2023
Mark Paul Cervantes
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Comments Off on Mortgage Applications Down 4.1%
“Spring has arrived, but the housing market is missing the customary burst in listings and purchase activity that typically mark the season,” said MBA Chief Economist Mike Fratantoni. The post Mortgage Applications Down 4.1% appeared […]