Different demographics cite varying concerns about remortgage options, according to a survey of borrowers and those considering buying a house.
Read More »Gen Z/Millennials: To Refi or Relocate?
Coming off a year of mortgage rates at all-time lows, a new report found that more Generation Z and millennial homeowners were remaining in place and opting to refinance rather than relocate.
Read More »Refis Drive Unusually Strong Home Mortgage Activity
Declines in home-purchase lending and home-equity lines of credit could not outpace the number of homeowners taking advantage of low rates and refinancing their loans.
Read More »New Refi Option for GSE-Backed Mortgages
A new refinance option drafted by the FHFA will benefit nearly two million low-income borrowers and allow them to take advantage of record-low rates.
Read More »FHFA Releases Latest Mortgage Relief Numbers
The Federal Housing Finance Agency (FHFA) Thursday released its Q2 Foreclosure Prevention and Refinance Report. The report shows Fannie Mae and Freddie Mac, since the 2008 start of conservatorship, completed 252,014 foreclosure prevention actions. Overall, that brings the number of ...
Read More »Industry Reaction: Fannie and Freddie’s Adverse Market Fee
Both supporters and critics are weighing in on the “adverse market fee” or "market condition credit fee" introduced by the GSEs last week, under the authorization of the FHFA.
Read More »What is Driving Housing Sentiment?
Though favorable mortgage rates continue to support increased refinance activity, the latest data from Fannie Mae takes a look at the factors that could dampen housing sentiment.
Read More »Delinquencies Fall While Prepayments Rise
According to Black Knight, prepayments rates increased, and falling interest rates and a subsequent increase in rate/term refinances has worked in servicers’ favor.
Read More »Fannie Mae Examines Economic and Housing Trends
A new report by Fannie Mae forecasts more rate cuts in the coming months as trade tensions put pressure on the economy. How will housing fare in this environment?
Read More »Why Did Mortgage Delinquencies Rise?
Was the spike in delinquencies just a blip or does it point to a longer-term trend? Here’s what a report revealed about the state of default and foreclosures across the country.
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