Tag Archives: loan

Lower Rates Give Loan Demand Slight Boost

After several weeks of drops in interest rates, mortgage applications finally got a modest lift as refinancers and home buyers took advantage of the dip — albeit still at an anemic...

Refi Applications Boost Loan Demand

As mortgage rates hover nearly yearly lows, more home owners are viewing it as the last opportunity to take advantage by refinancing and lowering their borrowing costs. An increase in...

Lower Rates Aren’t Lifting Loan Demand

Lower mortgage rates in recent weeks aren’t triggering a pickup in mortgage applications. For the fifth time in the past six weeks, mortgage applications dropped nationwide,...

Fed’s Taper Talk Deflates Loan Demand

Mortgage applications fell last week on the heels of the Federal Reserve’s announcement that it would start to taper its bond-buying stimulus program after the first of the year....

Freddie Gets Insurance to Cover Loan Risks

Mortgage giant Freddie Mac is offsetting loan risks for the first time by tapping the reinsurance industry to cover potential losses on loans it guarantees, The Wall Street Journal...

Is New Loan Rule Nudging Borrowers to Lie?

While mortgage application fraud has dropped 5.6 percent year-over-year, the industry is seeing a rise in income-based fraud, according to CoreLogic findings. CoreLogic officials say...

Loan Demand Continues to Soften

Applications for mortgage refinances continued to tumble last week as mortgage rates hovered near two-year highs. ...

Loan Demand Falls as Rates Move Up

As mortgage rates rose last week, mortgage applications dropped 3 percent, moving to their lowest level since November 2011, the Mortgage Banker’s Association reports. ...

Loan Demand Picks Up Steam

Mortgage applications rose 5 percent last week as mortgage rates declined, the Mortgage Bankers Association reported in its weekly mortgage market survey for the week ending April 12,...

Loan Applications Rise as Rates Reach Record Lows

More home owners and purchasers took advantage of locking in last week’s record low rates. Mortgage applications — which include both for refinancing and purchase — rose 2.8...