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Housing Market Crash Alert: Mortgage Demand Raises Red Flags
InvestorPlace· 21 hours agoThis pushed the average contract interest rate for 30-year fixed rate mortgages to 7.24% from 7.13%,...
Mortgage Applications Down in High-Rate Environment
RISMedia Real Estate News· 23 hours agoAfter a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the
Lloyds profit falls 28% as competition in mortgage market steps up
PA Media: Money via Yahoo Finance· 1 day agoTotal lending by the banking group, which also includes Halifax and Bank of Scotland, was down £1.2...
Lloyds profits hit by rush of homeowners refinancing mortgages
The Telegraph via Yahoo Finance· 1 day agoLloyds’ mortgage book was down £1.8bn in the first quarter overall as customers refinanced their ...
What is an alienation clause?
Bankrate via Yahoo Finance· 22 hours agoWhat happens if I violate the alienation clause?If a borrower fails to make good on the alienation clause, the lender has the right to take legal action...
Mortgage Activity Wanes as Rates Continue to Rise
The Real Deal· 1 day agoA third consecutive week of rising mortgage rates has buyers and homeowners rethinking their plans. Applications for mortgage purchases and refinancings...
Majority of rates increase | Current mortgage rates for April 24th, 2024
Bankrate.com· 1 day agoMortgage interest rates were mostly up compared to a week ago, according to rate data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed and jumbo loans ticked up ...
Mortgage demand drops as interest rates soar over 7%
NBC Philadelphia· 1 day agoApplications for a mortgage to purchase a home fell 1% for the week and were 15% lower than the same week one year ago. The ARM share of mortgage demand...
DOJ charges one of America’s top LOs in alleged mortgage fraud scheme
HousingWire via Yahoo Finance· 18 hours agoIn a statement, NJ Lenders Corp told HousingWire...publication placed his total volume at $1.175...
Did you buy a home with a high interest rate and intend to refinance later?
LA Times via Yahoo Finance· 21 hours agoIf you bought a home in the last two years with a high interest rate, did you purchase with the...