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Today's Real Estate News Provided by Inman News
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Thursday, December 27, 2012
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Mortgage And Real Estate News | ||
Big Jump in Mortgage Demand, But Rates Are Already Rising Again Mortgage application activity bounced higher last week following a drop in rates to the lowest levels in 3 months. The Mortgage Bankers Association’s (MBA) weekly survey showed a 9.4% increase in the ... | ||
Pulte's Vantage Score Comments Leave Mortgage Market Guessing If you think that everything is great in the U.S. economy, maybe it’s not. At least in New Jersey. While many residents are frolicking on the Jersey Shore, Toms River schools, one of New Jersey’s larg... | ||
Mortgage Rates Still Lower Than May/June Despite Drifting Higher Bad news first: mortgage rates have been moving steadily higher in July with the average top tier 30yr fixed scenario rising from 6.67% to 6.81% in just 4 business days. This isn't an incredibly... | ||
MSR Exchange, DSCR, DPA/Energy, Automated Bank Statement Analysis; LO Comp ... We’re in the summer travel season. TSA will be eliminating its “shoes off” policy, and many will be sampling today’s rollout of Spicy McMuffin breakfast sandwiches at Mickey D’s. My cat Myrtle was nev... | ||
Mortgage Rates Continue Higher For Third Straight Day For the entire 2nd half of June, it was easy to be spoiled by the absence of volatility in mortgage rates. During that time, rates were either lower or unchanged every single day. The past few busines... | ||
Fee Collection, HELOC Products; Webinars and Training This Week; Disaster a... The nation is gripped with the flooding in Texas, the loss of human life and property, and how best to prevent future similar occurrences given the increase in the severity of weather. (Fairway Indepe... | ||
Mortgage Rates Rose Less Than Expected After Employment Data Today brought the hotly anticipated jobs report. This is the "official" job count and unemployment rate data for the U.S. and no other report has as much consistent power to cause volatility in ... | ||
HELOC Products; Bank Builder JV; Customer Service and Compliance; Employmen... Tomorrow is the 4th of July, the only time of the year Americans say the day and month in the correct order. We find ourselves in the traditional “dog days of summer” which refer to the hottest and mo... | ||
Refis Pick Up Steam as Rate Relief Returns Mortgage application activity moved higher last week as rates declined to the lowest levels since April, according to the Mortgage Bankers Association’s (MBA) latest survey. The Composite Index rose 2... | ||
Rates Finally Rise Ahead of Jobs Report Mortgage rates have generally been falling since May 21st and have done nothing but move lower for more than 2 weeks. That winning streak finally came to an end today with the average lender mov... | ||
Processing, Lead-Gen Tools; HELOCs, 2nds, Non-Agency Products; Maryland's D... “Pro Tip: Here’s a friendly 4th of July reminder that absolutely no one is going to watch the videos of the fireworks you record on your phone.” You can bet anyone flying some place is watching the fl... | ||
Mortgage Rates Hold Steady at 3 Month Lows It's been 88 days since the average 30yr fixed mortgage rate was as low as it is today--close enough to 3 months. Some lenders may be higher or lower than they were yesterday depending on whethe... | ||
FICO Simulation, Georgia Servicing, Recapture Tools; What LOs Should Be Doi... “Life is like a roll of toilet paper: The closer you get to the end, the faster it goes.” Just like that, 2025 is half over. With it have come changes at the GSEs, government loan programs, and the co... | ||
Mortgage Rates Take Another Step Toward April Lows April 3rd and 4th saw the average top tier 30yr fixed mortgage rates well into the "mid 6's." Many lenders were able to quote 6.5% at the time. Just a few days ago, we noted there was stil... | ||
Automation, HELOC Products; The Current State of Regulation and Compliance;... “The seminar ‘How to avoid frauds’ is canceled. Tickets are non-refundable.” Mortgage fraud is alive and well in the United States. In Utah, Kouri Richins, 35, the Kamas mother who is accused of killi... | ||
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