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Mortgage Applications Shoot Up 21 Percent Mortgage applications increased 21.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 8, 2016. Read More...
Borrowers Who Refinanced in 2013 Saving Over 21 Billion Dollars in Interest Payments over the Coming Year Freddie Mac released the results of its fourth quarter 2013 quarterly refinance analysis, showing that borrowers are continuing to take advantage Read More...
Rates on New Home Loans Join Downward Trend On Christmas Eve, the Federal Housing Finance Agency (FHFA) reported a 10 basis point decline in mortgage interest rates for the month of November. Data from FHFA’s Monthly Interest Rate Survey (MIRS) Read More...
Fixed Mortgage Rates Drop to Four Month Low Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates hitting their lowest levels since this summer amid market speculation that Read More...
Refinance Cash-Out Share Increases; Remains Low Historically Freddie Mac recently released the results of its second quarter 2013 quarterly refinance analysis, showing that borrowers are continuing to take advantage of near record low mortgage rates to Read More...
Study Reveals Americans' Rising Faith in Housing Market Nearly half of Americans (47 percent) say they feel more comfortable purchasing a home today than at any other time in the past five years, according to results of a recent survey by Mayflower. Read More...