Mortgage demand inches up, despite 30-year mortgage rate reaching towards 7%
Mortgage applications rose 3.7% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.8%.
Source: marketwatch.com
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Refinance market eyes revival amid falling mortgage rates
Potential for growth as rates are predicted to drop further
Source: mpamag.com
How loan originators survived a cutthroat mortgage business in 2023
Coming off of the pandemic banner years, thinning origination volume, low inventory and soaring home prices made business much harder to come by for LOs in 2023. Here's how LOs made it work.
Source: housingwire.com
Delinquency rates for U.S. government-backed loans rise in November and 'is worth watching,' expert says
U.S. homeowners are missing mortgage payments on some government-backed loans, according to a new report.
Source: marketwatch.com
New Construction Is a Housing Market Bright Spot. It Could Get Even Better for Builders.
Mortgage rates have fallen significantly this month, which could lead to increased demand for home buyers.
Source: marketwatch.com