Mortgage and refinance rates today, February 10, 2021
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. It was only the second fall in nine working days, though they held steady on Monday. Luckily, all recent […]
Mortgage Bankers Association
Mortgage applications dip as rates climb
Mortgage rates have increased in four of the six weeks of 2021, and mortgage applications have mostly risen and fallen alongside them.
The post Mortgage applications dip as rates climb appeared first on HousingWire.
Borrowers With Fannie Mae, Freddie Mac Mortgages Can Get Additional Forbearance, Regulator Says
The Federal Housing Finance Agency is extending the length of time that borrowers can be in a COVID-related forbearance on mortgages back by Fannie Mae and Freddie Mac.
The post Borrowers With Fannie Mae, Freddie Mac Mortgages Can Get Additional Forbearance, Regulator Says appeared first on Real Estate News & Insights | realtor.com®.
Mortgage and refinance rates today, February 9, 2021
Today’s mortgage and refinance rates Average mortgage rates held steady yesterday, which after so many recent rises, was a win. Earlier, an increase had looked likely, but key markets changed […]
Mortgage rates drift lower as investors worry about pandemic – The Washington Post
Mortgage rates drift lower as investors worry about pandemic The Washington Post
It’s still really difficult to get a mortgage, but getting easier
The MBA’s mortgage credit index rose to 124.6 in January, still the tightest it has been since 2014, but slowly rising as lenders ease up on standards.
The post It’s still really difficult to get a mortgage, but getting easier appeared first on HousingWire.
Housing, civil rights groups ask Congress for $25B
A partnership of more than 350 housing and civil rights organizations reached out on Monday to congressional leaders advocating for further relief for homeowners in the next COVID-19 stimulus package.
The post Housing, civil rights groups ask Congress for $25B appeared first on HousingWire.
Refinancing Volume Surges on Slight Rate Drop
Posted To: MND NewsWire
Borrowers looking to refinance were quick to take advantage of a slight drop in interest rates last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, jumped 8.1 percent on a seasonally adjusted basis during the week ended January 29, and was up 10 percent on an unadjusted basis. The index had declined in each of the two previous weeks. The Refinance Index increased 11 percent from the previous week, also reversing two weeks of losses, and was 60 percent higher than the same week one year ago. The refinance share of mortgage activity increased to 71.4 percent of total applications from 70.7 percent the previous week. The seasonally adjusted Purchase Index ticked up 0.1 percent and was 8 percent higher on an unadjusted…(read more)
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Forbearance rate slowly descends to 5.35%
Monday data from the Mortgage Bankers Association reported the share of servicers’ portfolio volume in forbearance fell 3 basis points to 5.35% last week.
The post Forbearance rate slowly descends to 5.35% appeared first on HousingWire.
Mortgage rates hit a fresh record low ahead of Fourth of July weekend – MarketWatch
Mortgage rates hit a fresh record low ahead of Fourth of July weekend MarketWatch