Refinance Application Level Index News Today

“Cash is very important,” Better CEO Vishal Garg told Fortune in an interview about the impending SPAC merger and his decision to move forward after a series of delays.

Volume bounces back after rough few weeks

Incentive continues to weaken as rates soar

Overall mortgage volumes flattened last week, but average loan amounts, particularly for purchases, are shrinking according to the Mortgage Bankers Association.

Application activity posted another notable decline

But total volume is still 53% below last year’s level, while Fannie Mae found the dollar value of refinances down by over 70%.

Personal finance expert Suze Orman joins "Influencers with Andy Serwer" to discuss the U.S. housing market.

The government-sponsored enterprises' new Refinance Application Level Index pulls Desktop Underwriter data in order to give lenders and mortgage-backed securities investors insight into prepayment trends.

Congress- U.S. Senate- Committee on Banking, Housing, and Urban Affairs- Hearing: Considering the Index Fund Voting Process-

Fannie Mae will track refinance activity and application trends through its newly launched Refinance Application-Level Index (RALI).