Nationwide Mortgage, Refi Applications Jump 22 Percent in One Week
Mortgage applications increased 21.7 percent nationwide from one week earlier in the wake of the Federal Reserve’s rate cut, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Aug. 9. The...More Americans Are Paying Mortgages on Time
It’s a real estate and social barometer that doesn’t get a lot of publicity, but it’s important: More Americans are paying their mortgages on time today than they have in nearly two decades – maybe even longer. That’s a big deal, because when large numbers of owners...The Millennials’ Struggle for Good Credit
Millennials are finally buying homes and applying for mortgages, with 23 percent of all newly originated mortgage dollars attributed to that generation. But millions more could be locked out of the market due to their credit scores. A recent study found that though...This Week’s Paper: Digital Edition
