Mortgage Refinance Rates Today, January 4, 2021 | Rates ease – Bankrate.com
Mortgage Refinance Rates Today, January 4, 2021 | Rates ease Bankrate.com
Renting
Debt to Income (DTI) Ratio Overview
A borrower’s Debt to Income (DTI) is the ratio of monthly debt payments to monthly gross income. The borrower’s DTI is a key indicator of his ability to repay the loan. Lenders use a Housing Ratio (monthly housing expenses divided by monthly income) and a total DTI ratio (total monthly debt payment including the monthly housing expenses divided by monthly income) as factors in determining whether a borrower’s income qualifies for the requested mortgage loan.
Surprise existing-home sales gain caps best year since 2006
Sales of previously owned homes increased unexpectedly in December, capping the best year for the housing market since 2006 as historically low mortgage rates helped power demand.
What is a home equity loan and how does it work?
A home equity loan lets you cash-out your equity without replacing your current mortgage. Learn how home equity loans and home equity lines (HELOCs) work.
The VA plans to help 60K veterans cover missed mortgage payments
If its proposal is accepted, the VA plans to offer mortgage relief for up to 60,000 VA loan holders who are struggling financially due to COVID.
MBS RECAP: Calm Week Ends on an Even Calmer Note
Posted To: MBS Commentary
Calm Week Ends on an Even Calmer Note It's rare to see non-holidays Fridays in January be quite as underwhelming as today turned out to be. Bonds remained locked perfectly inside prevailing trends. That's a good thing in this case as it meant moderate gains for both MBS and Treasuries. Volatility risks increase next week with a bigger slate of economic data, but we'll wait to get too excited about that until it actually proves capable of moving the needle. Today's video discusses what might be required for 10yr yields to break below 1.0%. Econ Data / Events 20min of Fed 30yr UMBS Buying 10am, 1130am (M-F) and 1pm (T-Th) Existing Home Sales 6.76m vs 6.55m f'cast, 6.71m prev Markit Composite PMI 58.0 vs 55.3 prev Market Movement Recap 08:35 AM Markets trading ' risk-off…(read more)
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San Francisco Is Best for Home Sellers, Baltimore for Buyers
Newcomers escalated values in many markets, but prices are expected to cool in the next few years.
Home shoppers, here’s what low mortgage rates mean – HousingWire
Home shoppers, here’s what low mortgage rates mean HousingWire
Mortgage Industry Seller Funding Quality Overview
Lenders, based on investors’ guidelines, make a lending decision and fund the mortgage loan. A lender’s efficiency at funding a loan is quantifiable and has a direct impact on their investor’s profit margin in the funding and subsequent servicing of the loan.
Allyâs diversification efforts starting to pay off
The auto finance company, which had stumbled in forays into the credit card business, is now seeing rapid growth in mortgage and unsecured consumer lending.