Applying for a mortgage is one of the most important applications most will ever fill out in their lifetimes; getting denied because of simple omission can set the ...
Read More »New American Funding Names Christine Obermayer VP of Retention
Loan and sales expert to implement foundations and strategies to further strengthen retail retention for top mortgage lender.
Read More »Refinances, Renovations Expected to Increase in 2022
Some 72% of homeowners are considering renovations or upgrades to their home, and 37% are seeking to apply for home refinance. A new report digs into what generational cohorts are planning and prioritizing when it comes to housing.
Read More »Mortgage Rates Shift to Kick Off New Year
Inflationary concerns, spurred by continued labor and supply chain issues, forced mortgage rates to jump by 0.23% this week, as rates rose across all mortgage loan types.
Read More »Fannie Mae Launches Online Tool for Homebuyers
Preparing consumers for all stages of the mortgage and buying process, Fannie Mae announced the launch of HomeView, the company's new online homeownership education course. Available free of ...
Read More »What to Expect for Housing and Economy in 2022
Though not potentially as dramatic as 2020, 2021 was deemed another tumultuous year by housing experts. Fortunately, 2022 is on track and predicted to be more stable than ...
Read More »Now Is the Time to Readdress Conforming Loan Limits
In November, the Federal Housing Finance Agency announced its annual change to the conforming loan limit for loans purchased by Fannie Mae and Freddie Mac (GSEs). For 2022, it was announced that the limit increased by 18% to $647,200, ...
Read More »Jump in Rates Shutting Out Refi-Seekers
Despite overall mortgage app volume on the upswing to begin 2022, the rise in rates has dropped conventional refis to their lowest levels since January 2020.
Read More »Nationwide Home Price Slowdown on the Horizon in ’22?
Experts predict the expectation that mortgage rates will remain relatively low, offering attractive financing for homebuyers.
Read More »Rate Locks Down 35% Year-Over-Year
The latest Originations Market Monitor from Black Knight Inc, shows another big slowdown in momentum in December as rate lock volumes fell across the board, driven by a 22.5% drop in purchase loan locks. The report leverages daily rate ...
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