Mortgage lenders and banks report and post their mortgage rates each and every day. Some of the top lenders we keep up with are Bank Of America, Quicken Loans, Suntrust Bank, Wells Fargo and others. Today’s rates at those are
Soon after its launching, the new mortgage tool of the Consumer Financial Protection Bureau receives extensive criticism from an increasing number of professional organizations including the Mortgage Bankers Association, the National Association of Mortgage Brokers and the Community Home Lenders
The applications for mortgage refinance continue to climb amidst plunging rates. The Refinance Index compiled by the Mortgage Bankers Association rose by 22% in the week ended January 16th compared to the previous week. In the week ended January 9th,
The share of borrowers reporting that they have considered only one lender for their mortgage loan is 47%. This is revealed in the National Survey of Mortgage Borrowers conducted by the Consumer Financial Protection Bureau (CFPB) among borrowers who purchased
The Mortgage Bankers Association reports a decline of 0.4% in the mortgage applications for the purchase of a new home in December 2014 compared to November. The movement in the applications does not reflect any common seasonal patterns. The share
The mortgage delinquency rate in the United States rose to 11.82% in November 2014, according to Black Knight Financial Services. This was revealed in a report based on the first look at the mortgage data for this month made by
After President Barack Obama announced a plan for the reduction of the mortgage insurance premiums for FHA loans, the Federal Housing Administration confirmed that the new premiums will be applied from January 26th 2015 onwards. Currently, the annual premium rate
The average rates on fixed-rate mortgage loans began the new year by dropping down to their lowest levels since May 2013, according to the Primary Mortgage Market Survey of Freddie Mac. Back then, the average rate on a 30-year fixed-rate
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