Mortgages


Borrower Requests For Government's Coronavirus Mortgage Bailout Jump 78% In One Week

AMERICA - Published date: .

As unemployment surges and more Americans struggle to make ends meet, more homeowners are applying for the government's ... Read more

JPMorgan Chase To Raise Mortgage Borrowing Standards As Economic Outlook Darkens

AMERICA - Published date: .

JPMorgan Chase, the country's largest lender by assets, is raising borrowing standards this week for most new home loans... Read more

Coronavirus Effect Could Be 'far Deeper Than The Subprime Crisis,' Says Mortgage Company CEO

AMERICA - Published date: .

For most mortgage borrowers, the first of the month is payment day. This month, however, is a very different story. Mill... Read more

Home Price Gains Were Strong In January, Says S&P Case-Shiller, Before Coronavirus Hit US Economy

AMERICA - Published date: .

The gains came before the coronavirus shut down much of the economy and the housing market. Now there are forecasts that... Read more

February Pending Home Sales Jump Over 9% Annually, Ahead Of Major Coronavirus Impact

AMERICA - Published date: .

Homebuyer demand was strengthening markedly just before COVID-19 began its spread across the U.S. Pending home sales, wh... Read more

Weekly Mortgage Applications Tank 29% As Coronavirus Sidelines Homebuyers

AMERICA - Published date: .

A hike in interest rates, combined with a massive shutdown of the economy caused homeowners and potential homebuyers to ... Read more

Weekly Mortgage Applications Drop Over 8% As Interest Rates Jump Briefly

AMERICA - Published date: .

A spike in interest rates abruptly ended the refinance boom, pushing mortgage application volume down 8.4%, the Mortgage... Read more

Weekly Mortgage Refinance Applications Spike 15% As Interest Rates Plunge To Lowest In Nearly 4 Years

AMERICA - Published date: .

Homeowners rushed to take advantage of the sharp drop in interest rates last week. Refinance demand pushed total mortgag... Read more

December Pending Home Sales Fall 4.9% As Supply Hits A Record Low

AMERICA - Published date: .

Pending home sales, which measure signed contracts, not closings, dropped 4.9% in December compared with November, as th... Read more

Home Price Gains Continued To Heat Up In November, With Phoenix, Charlotte And Tampa Leading The Way, S&P Case-Shiller Index Says

AMERICA - Published date: .

After cooling for much of last year, home price gains are accelerating again. Nationally, prices increased 3.5% annually... Read more

Weekly Mortgage Applications Soar 30% As Homebuyer Demand Hits The Highest Level In 11 Years

AMERICA - Published date: .

Purchase application volume hit the highest level since October 2009, rising 16% for the week and 8% from a year ago, ac... Read more

Mortgage Rates Fall Further, As Buyers Rush Into The First Open Houses Of 2020

AMERICA - Published date: .

The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, according to Mortgage N... Read more

Weekly Mortgage Applications Drop 9% As Refinances Pull Back

AMERICA - Published date: .

The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last w... Read more

Next Year Will Be Hard On The Housing Market, Especially In These Big Cities

AMERICA - Published date: .

Prices will fall in a quarter of the 100 largest metropolitan markets, including Chicago, Dallas, Las Vegas, Miami and S... Read more

Fannie Mae, Freddie Mac Will Soon Let Borrowers Take Out Mortgages Over $500K

Markets - Published date: .

The Federal Housing Finance Agency has raised the maximum conforming loan limit for the fourth straight year. Read more

Home Price Gains Accelerate In September, S&P Case-Shiller Index Says

AMERICA - Published date: .

After shrinking for much of this year, home price gains are now growing again. Read more

Outside The Box: This Home Mortgage Disaster Is Ready To Punish Housing Markets

Markets - Published date: .

Cash-out refinancing is popular again — and still dangerous, writes Keith Jurow. Read more

Outside The Box: Heres The No. 1 Reason Why Military Veterans Are Denied A VA Mortgage

Markets - Published date: .

Not everyone who serves the country qualifies for a government-backed home loan. Read more

Fewer Homeowners Are Burdened By Housings Costs — But Theres A Big Catch

Markets - Published date: .

Owning a home doesn’t eat up as much of Americans’ income as it once did. Read more

Outside The Box: Heres Why Home Prices Keep Going Up — And What We Can Do About It

Markets - Published date: .

Mortgage lenders must find innovative, affordable ways to help buyers, writes Sanjiv Das. Read more