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ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 3 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
NBC Washington· 4 days agoThe share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage...
2023: A Terrible, Horrible, No Good, Very Bad Year For Mortgage Bankers
National Mortgage Professional· 5 days agoLast week the Mortgage Bankers Association (MBA) released its Annual Mortgage Bankers Performance Report for 2023, showing 36% of reporting institutions ...
Rocket delivers $291M profit amid improved margins and MSR acquisitions - HousingWire
HousingWire· 2 days agoRocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through initiatives to reduce costs and increased investments in artificial ...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
Fox Business via AOL· 3 days agoAmerican homebuyers are taking on riskier adjustable rate mortgages to address affordability...
APR vs. interest rate: How to tell the difference
CNN.com· 4 days agoWhen you take out a loan or a line of credit, two different terms are often used to describe how much the lender charges you: interest rate and APR. Both...
Fannie Mae profits grow to $4.3B in Q1 2024
HousingWire via Yahoo Finance· 4 days agoDespite the struggles of its independent mortgage bank counterparties, Fannie Mae delivered $4.3 billion in net income during the first quarter of the...
30-Year Mortgage Rates Pull Back
Investopedia· 4 days agoAfter inching up earlier this week, the 30-year mortgage rate average dropped 3 basis points on Wednesday, while the FHA 30-year rate average fell below 7.00% for the first time in seven weeks.
17 Best Insurance Dividend Stocks To Invest In Right Now
Insider Monkey via Yahoo Finance· 5 days agoIn this article, we will take a detailed look at the 17 Best Insurance Dividend Stocks To Invest In...
Cantor’s Howard Lutnick says Fed will ‘show off’ with one rate cut in September
Market Watch· 3 days agoA third of maturing commercial real-estate loans are ‘totally underwater,’ Lutnick says
