CFPB Mulls Fate of Trump-Era Mortgage Rules
The Consumer Financial Protection Bureau has said that it is weighing whether to ârevisitâ the Seasoned QM and General QM rules, codified in December under
Mortgage Bankers Association
Homeowners in Forbearance Plans Have Lower Credit Scores, Higher DTI Ratios
The latest weekly Forbearance and Call Volume Survey from the Mortgage Bankers Association (MBA) revealed that 7.80% of outstanding home loans were in forbearance. That number was up slightly from 7.74% a week earlier, putting roughly 3.9 million homeowners in forbearance plans. Much of these are COVID-19-related, thanks in part to a very liberal CARES [&hellip
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U.S. Mortgage Loans in Forbearance Declines to 5.2 Percent in Mid-February – World Property Journal
U.S. Mortgage Loans in Forbearance Declines to 5.2 Percent in Mid-February World Property Journal
FHFA announces further extension of COVID-related mortgage relief
The agency will allow an additional three months of forbearance for loans backed by Fannie Mae and Freddie Mac, giving homeowners up to 18 months to suspend payments due to the pandemic.
Gauge of U.S. pending home sales declines to a six-month low
A gauge of U.S. pending home sales fell to a six-month low in January as buyers competed for a limited number of properties.
Mortgage and refinance rates today, February 26, 2021
Today’s mortgage and refinance rates Average mortgage rates soared yesterday, rising by a greater amount than we’ve seen in a long time. Of course, they’re still very low in a […]
US mortgage rates reach six-month high
US mortgage rates rose for the second consecutive week, hitting a six-month high, according to Freddie Mac. Freddie Mac chief economist Sam Khater said that this week’s uptick in mortgage rates is a result of growing optimism about the economy’s recovery from the pandemic. The average rates for a 30-year fixed mortgage climbed 16 basis … [Read more…]
Mortgage and refinance rates today, February 25, 2021
Today’s mortgage and refinance rates Average mortgage rates nudged higher yet again yesterday. Of course, these rates remain exceptionally low by historical standards and are at dream levels for most. […]
How will a surge in bond yields affect your mortgage, car loans and 401(k)? – USA TODAY
How will a surge in bond yields affect your mortgage, car loans and 401(k)? USA TODAY
Pending Home Sales Fall in January as Inventory Constrains Buyers>
Fewer Americans are applying for mortgages â a sign that some buyers may be dismayed by rising home prices and mortgage rates.