This morning the Mortgage Bankers Association (MBA), in its Weekly Mortgage Applications Survey for the week ending July 18, announced that mortgage loan application volume dropped 6.2 when compared to the week prior. The number of people applying to refinance their existing mortgage dropped, as did the number of people applying for a mortgage to purchase a home. FHA loans, which for months have been the star of the MBA report posting large week to week gains, also saw a pull-back of 7.7 .
Consider this: What we homeowners love about our homes… others may see, hear and even smell differently. But who has the budget for a complete remodeling overhaul? Here’s your solution: Using the furniture you already have to stage your home can make as much of an impact on buyers as remodeling. And the difference in savings is significant.
Mortgage rates dropped throughout last week causing increased activity among Americans looking for a home loan, particularly those seeking to refinance their existing mortgage, according to the Mortgage Bankers Association (MBA).
Though Fannie Mae and Freddie Mac may have silly names, they're all about the serious business.
Sometimes, it's the extra personal touches to your home that motivate buyers to make an offer.
Congress has lifted the conforming loan limits in thousands of counties across the country. The government is allowing mortgage giants Fannie Mae and Freddie Mac to buy more — and larger – loans. And the FHA has rolled out its jumbo loan. So what does it all mean for you? Well, if you’re a homeowner, or even thinking about becoming one, you may just find it’s easier to get approved for a loan.
This morning the Mortgage Bankers Association (MBA) announced that overall mortgage activity, which includes applications for a mortgage to both purchase and refinance a home, increased 3.6 percent last week compared to the week prior.
There are many ways to celebrate the 4th of July while staying environmentally friendly - go green on the 4th!
The proposed housing stimulus package is moving it's way to the White House. But what does it mean for consumers?
This morning the Mortgage Bankers Association (MBA), in its Weekly Mortgage Applications Survey for the week ending July 4, announced that the Market Composite Index, which measures mortgage loan application volume, increased 7.5% from one week earlier.
Buying a home? Learn how to take advantage of free services for home buyers like down payment assistance programs, free real estate services, free credit reports and free mortgage pre-approvals. They're everything you need in this buyer's market.
Learn when, why, how and if you should buy mortgage points when buying a home or refinancing your mortgage. Sometimes it makes great financial sense to buy mortgage points.
Mortgage rates dropped throughout last week causing increased activity among Americans looking for a home loan, particularly those seeking to refinance their existing mortgage, according to the Mortgage Bankers Association (MBA).
Bob Walters, chief economist of Quicken Loans, is interviewed on Sky Radio about the state of the mortgage industry and financial markets. Walters explains how recent changes in credit and mortgages are affecting consumers. He also offers tips to improve credit and qualify for a low-cost mortgage.
Mortgage rates dropped throughout last week causing increased activity among Americans looking for a home loan, particularly those seeking to refinance their existing mortgage, according to the Mortgage Bankers Association (MBA).
Bob Walters, chief economist of Quicken Loans, is interviewed on Sky Radio about the state of the mortgage industry and financial markets. Walters explains how recent changes in credit and mortgages are affecting consumers. He also offers tips to improve credit and qualify for a low-cost mortgage.
Learn when, why, how and if you should buy mortgage points when buying a home or refinancing your mortgage. Sometimes it makes great financial sense to buy mortgage points.
Learn when, why, how and if you should buy mortgage points when buying a home or refinancing your mortgage. Sometimes it makes great financial sense to buy mortgage points.
This morning the Mortgage Bankers Association (MBA) announced that overall mortgage activity, which includes applications for a mortgage to both purchase and refinance a home, increased 3.6 percent last week compared to the week prior.
There are many ways to celebrate the 4th of July while staying environmentally friendly - go green on the 4th!