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Hedge accounting will align Fannie’s reporting with competitor Freddie Mac, and will address a mismatch between the recorded value of financial instruments used to offset interest-rate volatility on mortgages and the loans themselves.
April 30 -
Only $89 billion of the $362 billion in new single-family volume came from purchase mortgages.
April 29 -
Rising cases and vaccine issues caused bond yields to fall, but inflationary pressures will likely reverse that course.
April 15 -
But the percentage of weekly applications in that category was closer to 60%, the Mortgage Bankers Association found.
April 14 -
Mortgage rates that are rising in tandem with a recovering economy dampened borrower activity, even with prime homebuying season underway.
April 7 -
While the economic recovery and stimulus checks drove upward movement in purchases, it wasn’t enough to offset tumbling refinance activity.
March 17 -
Servicers struggled to bring back their borrowers as the overall retention rate crept down to a nadir in the fourth quarter, according to Black Knight.
March 8 -
A slight lift in the purchase market paired with a surprising reversal in the size of the average loan, according to the Mortgage Bankers Association.
March 3 -
Just over 12 billion euros ($14.6 billion) of new issue, refi and reset paper has priced so far this year, surpassing a previous high of 7.3 billion euros in the first two months of 2018.
February 24 -
Between the dip in refis and the approach of the spring buying season, mortgage lenders are likely to start paying a little more attention to the purchase market, which is less rate-sensitive.
February 17