mortgage lending

Mortgage Lending Increased 17% According to RealtyTrac

    Today’s News Synopsis: Home prices increased in April by 6.5% according to the latest report from Redfin.  RealtyTrac reported lending on mortgages increased 17% in the first quarter.  In another story related to mortgages, rates increased again for the third week in a row with 30-year rates now at 3.85% and 15-year rates …

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Housing Market in Best Shape in 14 Years According to Nationwide Insurance

    Today’s News Synopsis: Nationwide Insurance in Ohio reported the housing market it is at its best in 14 years.  Obama said in his latest address to the mortgage industry that things have gotten a little out of control with the CFPB and they are carrying out things they were not originally created to …

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Latest Internet Searches Show Bigger Demand For Housing

          Sources: Builder Confidence Slightly Lower in February on Harsh Weather Conditions TransUnion: Mortgage delinquency rate down to 3.29% in 4Q14 Mortgage Applications Decrease in Latest MBA Weekly Survey Freddie Mac: Mortgage rates rise for second week; 30-year at 3.76% Housing Affordability Edges Up in the Fourth Quarter It’s official: Zillow …

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Mortgage Lending Increased for Big Banks with Sudden Increase in Homeowner Refinancing

Copyright: Image from www.flickr.com/photos/lendingmemo/     Today’s News Synopsis: Big day in the news for mortgages.  The Mortgage Bankers Association reported a 5.6% decrease in mortgage applications from last week.  The costs for compliance on mortgage lending regulations is up 30% according to the latest survey from Fannie Mae.  A sudden increase in homeowner refinancing has …

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The Norris Group Real Estate News Roundup 6/28/13

Sources: LPS: US home prices continue to climb Foreclosure inventory down Q1 GDP Growth Trimmed First-Time and Continuing Jobless Claims Drop Mortgage Rates in U.S. Jump to Highest Since July 2011 Pending Sales of Previously Owned U.S. Homes Jumped 6.7% Sales of U.S. Homes to Foregin Buyers Decline 17 Percent Delinquency, Foreclosure Rates Decrease to …

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