Tag Archives: mortgage

Mortgage Applications End 5-Week Decline

Following five weeks of declines, mortgage applications for refinancing and home purchases bounced back, rising 4.3 percent last week compared to the prior week, the Mortgage Bankers...

Mortgage Applications Bounce Back

After four weeks of big declines, applications for home mortgages, viewed as a leading gauge of future home sales, reversed course and ticked up 9.4 percent last week, the Mortgage...

Multifamily Ready for Another Strong Year, Mortgage Giants Say

The multifamily sector is poised for a healthy 2014, but after this year, growth is expected to moderate to more historical levels, according to a new analysis by Freddie Mac and...

Mortgage Applications Off Historical Trend

Mortgage applications for home purchases fell nearly 4 percent in the week ending Feb. 21 from the week prior, hitting their lowest level since 1995, the Mortgage Bankers Association...

5 Mortgage Tips for Home Buyers

Bankrate.com offers some tips for your home buyers on securing a mortgage, getting the best rate, and more. Be prepared to document your finances. Buyers should be prepared for extra...

It’s 2014 — Why Aren’t Mortgage Rates Higher?

Economists have predicted that mortgage rates will rise in 2014, but so far, nothing’s happening. For the past month, mortgage rates have mostly stayed flat or moved lower, with...

For Some Borrowers, It’s Now Easier to Get a Mortgage

Borrowers may be having an easier time applying for a mortgage compared to a year ago. The average credit score for approved mortgages dropped to 727 in December, down from 748 one...

Many Borrowers Facing Higher Mortgage Costs Next Year

Borrowers will likely see an increase in mortgage costs next spring, particularly those who lack a sizable down payment or have less-than-perfect credit scores. Mortgage giants Fannie...

CFPB: Simplified Mortgage Forms Coming in 2015

The Consumer Financial Protection Bureau has announced that new forms simplifying the paperwork that borrowers receive when applying for loans will go into effect in August 2015....

Where Are Mortgage Rates Heading in 2014?

Mortgage rates will likely rise above 5 percent in 2014 and average 5.3 percent by the end of 2015, according to the Mortgage Bankers Association’s forecast. That would mark a big...