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Coming Up:
UWM Expands Non-QM Loan Program
Analyst says expansion of Bank Statement Loan Program just another way to serve the market.
Mortgage Rates Tick Up After 3 Weeks Of Declines
The 30-year fixed mortgage rate averaged 6.71% this week.
Angel Oak Mortgage REIT Issues $284.5M Non-QM Securitization
Calls securitization an 'inflection point' for the company.
Pending Home Sales Fell 2.7% In May
NAR says housing market remains resilient, with approximately 3 offers for each listing.
Redfin: Typical Home Selling For Just $4K Less Than All-Time High
Median price is down just 0.9% YOY, the smallest decline in nearly four months.
CoreLogic: Delinquencies Remain Near All-Time Low
In April, just 2.8% of all U.S. mortgages were in some stage of delinquency.
Mortgage Application Payments Rose 2.5% In May
MBA’s Purchase Applications Payment Index hits record high.
Home Affordability Hit 16-Year Low In Q2
ATTOM: Americans needed to use a third of their wages to cover homeownership costs.