Saudi Real Estate Refinance Company (SRC) has announced that it has entered into an agreement with Ginnie Mae, a US government-owned corporation operating within the Department of Housing and Urban Development, for sharing of policies […]
Analysis provided to a Senate inquiry by the Australian Banking Association reveals that 70% of bank customers whose fixed mortgage rates expired in the past six months have refinanced with another bank. The trend is […]
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Overall mortgage application activity returned to pre-holiday levels during the first week of the new year. Lower interest rates bolstered refinancing and the Mortgage Bankers Association said its Market Composite Index, a measure of mortgage […]
Source: Forbes — The rate on a 30-year fixed refinance decreased today. The average rate on a 30-year fixed mortgage refinance is 6.04%, according to Bankrate.com, while the average rate on a 15-year mortgage refinance […]
Applications fell 1.2% from a week earlier. KEY TAKEAWAYS Interest rates also dropped for the second consecutive week. Mortgage applications are down again even though interest rates also dropped for the second straight week, according […]
Hispanics and parents are doing the best. Nearly 80% of U.S. adults report that they’re either doing “OK” or “living comfortably,” according to a new survey by the Federal Reserve Board. It looked at the […]
Black Knight says the steep ascent of mortgage rates, the 30-year conforming jumped 63 basis points in April, was matched by a sharp drop in rate lock activity. Overall volumes were down 20 percent from March, […]
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