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Sunday, November 13, 2011
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Mortgage And Real Estate News | ||
Mortgage Rates Move Higher After Trade Deal Mortgage rates moved back up to the higher levels seen earlier this week after the official announcement of a trade deal between the U.S. and the U.K. Most lenders actually began the day fairly close... | ||
Servicer Oversight, Vendor Management, CU Member Mining, VA, Compliance Too... “Why did the homeowner take so long in remodeling his home? He had trouble with da siding.” There are LOs, or correspondent investors, who have spent months or years building up their renovation refer... | ||
Mortgage Rates Lower After Fed Announcement, But Not Because of It There's nothing like a Fed announcement day to get almost every media outlet to run headlines that attempt to tie the day's market movement to the Fed's rate decision. The problem in today's case is t... | ||
DPA, AI, Processing, Verification Tools; STRATMOR Tech Survey; Interview on... Most good loan originators are keenly aware of demographics in their area. Aren’t you tired of talking about a lack of inventory and builders’ supply lagging demand? Builders report that the number of... | ||
Mortgage Rates Improve Slightly After Starting Out Flat Mortgage rates were unchanged for the average lender this morning, thanks to a modest improvement in the bond market overnight. Rates were on course to remain mostly flat until the afternoon's s... | ||
STRATMOR's Tech Survey Results; Commercial Appraisal, Non-QM Investor, Comp... This is the month of the MBA’s National Secondary in Manhattan. For some trivia, the nickname "The Big Apple" originated in the 1920s in reference to the prizes (or "big apples") rewarded at the many ... | ||
Mortgage Rates Roughly Unchanged to Start New Week Mortgage rates faced a slight headwind on Monday as economic data caused weakness in the bond market. This would typically result in higher mortgage rates, but in today's case, the damage was minimal.... | ||
Pre-Qual, Fee Collection, Jumbo, Software Designing Tools; Training, Webina... Today celebrates Mexico’s victory over France in the Battle of Puebla on May 5, 1862. (In this country, Hispanic home ownership rates continue toward 10 million, which includes, of course, Mexicans. I... | ||
Mortgage Rates Are Actually Higher This Week Mortgage rates had a nice little run, moving down from last Monday's highs of 6.98% (average, top tier 30yr fixed) to a mid-week low just over 6.80%. Even after yesterday's modest bounce, we wer... | ||
Home Price Appreciation Remains, But Interesting Trend Emerges Both of the major purveyors of home price indices have been in agreement for the better part of a year that the average home is appreciating between 4 and 5 percent per year. The FHFA Hou... | ||
Mortgage Applications Contract Slightly, But Remain Above 2 Year Average Mortgage rates were in the process of falling by the end of last week, but they made additional headway during the first half of the present week. That means this week's mortgage application sur... | ||
LO/Borrower Engagement, HELOC, LO Tech Tools; Agency and Investor News; Fai... Fortunately for the readers of this Commentary, we don’t receive federal funding, so it won’t be cut… Unlike groups like NPR and PBS which the Trump Administration call “biased.” Most media have adver... | ||
Rates Pull Back Slightly After Stronger Economic Data After enjoying a calm, steady winning streak so far this week, mortgage rates finally experienced a bump back toward slightly higher levels on Thursday. The move followed the release of a closely watc... | ||
Secondary Database, AI Information, Consulting, DSCR, Non-QM Products; Fred... May Day… whether you celebrate today as “about” halfway between the Northern Hemisphere's Spring equinox and Midsummer solstice associated with maypoles, or a day that commemorates the historic strugg... | ||
Another Small Victory For Mortgage Rates Mortgage rates continue enjoying a completely different volatility regime compared to just a few weeks ago. Back then, it wasn't a surprise to see the top tier average rate move by more than 0.1... | ||