Tag Archives: loan

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...

Low Rates Spark Rise in Loan Demand

Mortgage applications for purchase were up slightly as mortgage rates last week hovered near record lows. Overall, applications increased 0.1 percent last week compared to a week...

Average Loan Amount Grows: Market Thaw?

The average amount of mortgages being approved by lenders has grown in the last three months from $215,000 to $235,000 — a possible sign of increased buyer and lender confidence,...

FHA Loan Apps Rise as Borrowers Try to Beat Fee Hikes

Mortgage applications for Federal Housing Administration loans soared 11 percent from the previous week as borrowers try to rush their applications in to beat the higher FHA costs that...