The year 2016 was the best for housing since before the crash by nearly any measure. Unfortunately, according to Freddie Mac's latest outlook, housing is not likely to repeat its stellar year in 2017.
Read More »How Rising Rates are Affecting Refinancing
What effect have recent rates had on affordability and the pool of candidates with an incentive to refinance?
Read More »Fewer Borrowers are Refinancing Through HARP
Time is winding down on the FHFA’s Home Affordable Refinance Program, the number of borrowers completing refinances through the program is winding down also.
Read More »How Would a Fed Rate Hike Affect the Mortgage Industry?
A September rate hike by the Fed looks less likely now but could still happen before the end of the year. How will a rate hike affect the mortgage industry?
Read More »Tapping Home Equity: The Rise of HELOCs
HELOC originations have been consistently on the rise despite a decline in overall originations. What is driving the popularity of HELOCs?
Read More »Refi Boom, Compliance Keeping Loan Defects Low
The recent spike in mortgage refinances driven by near historically low mortgage rates has benefited the loan production process.
Read More »HARP Delinquency Rates Lower Across the Board
Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.
Read More »Refinances Could Be Poised for a Major Upswing
The number of borrowers who could either qualify for or benefit from a mortgage refinance has skyrocketed by 1.5 million since January 1.
Read More »FHFA Refocuses HARP Awareness Amid New Numbers
For a program that was only supposed to be temporary, HARP is still going rather strong as the Federal Housing Finance Agency makes one final push to get more homeowners refinanced.
Read More »2016 Housing Forecast: Home Sales and Prices Rise, Refi Volumes Fall
The year 2016 is expected to usher in the creation of 1.25 million new households, higher rental demand, increased home sales, and a rise in home purchase loan originations even as refinancing volume plummets, CoreLogic’s Chief Economist predicted Monday.
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