Tagged: FHA Loans

The expected spike in delinquencies materialized

Report examines home down payments and where they’re sourced

Average refinance loan amount also rises, while purchase activity stays nearly flat

Higher rates, rising geopolitical conflict play a role; FHA refinances drive app activity

Purchase, refinance activity dropped, but remain well above last year’s levels, MBA reports

Purchase activity up despite rising rates, but refinances see notable retreat

Purchase apps still 13% higher than a year ago, despite latest weekly slide

Purchase activity climbed more than 2% overall, while conventional refinance activity fell slightly last week, MBA reports

Conventional mortgage delinquencies up slightly, while delinquencies on FHA and VA loans declined