December sees a dramatic 43% increase in rate/term refinances and a decline in purchase and cash-out volumes, driven by falling mortgage rates and a rise in VA loan activities.
Christine Stuart is the news director at NMP.
December sees a dramatic 43% increase in rate/term refinances and a decline in purchase and cash-out volumes, driven by falling mortgage rates and a rise in VA loan activities.
'Lock-In Effect' keeps majority of homeowners with mortgage rates below 6%
Lawsuits allege negligence and delayed disclosure of the breach, with plaintiffs seeking class action status and monetary damages for affected individuals.
That's 33 basis points over what they were last year at this time.
Legal battle escalates as CrossCountry Mortgage challenges arbitrator's decision, citing excessive award calculation and venue dispute in high-stakes employment conflict.
Core CPI rises by 0.3%, signaling ongoing inflationary pressures with energy and shelter costs driving the uptick.
Report shows increase in foreclosure activity offers stability for investors and industry professionals.
The numbers reflect ongoing industry consolidation and reduced loan programs.
Homebuyers and homeowners rush to secure mortgages as rates rise, with a 9.9% increase in applications despite the holiday season.
Financial services leader takes the helm at Mr. Cooper Group overseeing operations.