August New Home Purchase Mortgage Applications Decreased 17 Percent
Builder Application Survey (BAS) data for August 2021 shows mortgage applications for new home purchases decreased 17 percent compared from…
Stock Futures Point to Lackluster Finish for Week; Oil Pulls Back
U.S. stock futures crept down ahead of fresh data on consumer sentiment, pointing to a subdued end to a choppy…
Mortgage Lenders Less Bearish on Profit Margins, Expect Improved Refi Volumes
WASHINGTON, DC – For the fourth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to…
Mortgage In the News – New refinance demand drops as interest rates stall
A prolonged period of low mortgage rates is taking its toll on the refinance market, as most borrowers who qualify…