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As U.S. Mortgage Rates Rise, Refinancing Falls to Two-Month Low

A rise in U.S. mortgage rates to a more than four-year high reduced refinancing activity on existing home loans in the latest week to the weakest level since December, … 316 more words


FICO’s Lock on Mortgage Credit Scores Comes Under Fire

Congress wants to accelerate a shake-up of one firm’s dominance over the credit scores used to vet many U.S. mortgages.

Lawmakers approved a provision as part of the bank-deregulation bill that cleared the Senate on Wednesday. 253 more words

Mortgage News

I'm getting divorced. Should I keep the family home?

You’ve heard the stats: 1 out of every 2 marriages fails. Actually, I think the number of failed marriages is even higher now. Wait, let me rephrase that. 683 more words

Mortgage News

Early-Stage Delinquencies Increased Slightly in December But Serious Delinquency and Foreclosure Inventory Rates Declined Year Over Year

CoreLogic released its monthly Loan Performance Insights Report which shows that, nationally, 5.3 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in December 2017. 485 more words


Mortgage Rates Just Barely Lower Ahead of Key Inflation Data

Mortgage rates spent the entirety of last week at the same levels based on end-of-day rates sheets from the average lender.  That was a tremendously uncommon length of time for rates to remain unchanged and it was especially notable against the backdrop of recent volatility.  180 more words

Mortgage News

Mortgage Rates Hit 4-Year High: Will it Foil Housing?

he uptrend in mortgage rates continued for the ninth straight week during the week ended Mar 8. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year rate rose 3 basis points to 4.46%, marking the highest point since 2014. 103 more words

Mortgage News

Mortgage app volume ticks up for 2nd straight week

The volume of mortgage applications increased slightly during the week ending March 2, the second straight week of volume increases, according to the Weekly Mortgage Applications Survey released by the… 236 more words

Mortgage News