Tagged: Mortgage Bankers Association (MBA)

CoreLogic determines how many loans would be ripe for a refi if rates drop again

Refinance share reaches its highest level in two-and-a-half years

A slight drop in interest rates is expected to give the market a boost in the second half of the year.

Refinance applications up 85% year-over-year

Led by a drop in refinance activity from record-highs, applications decrease

Although revenue fell slightly, average production costs dropped by about $1,800 per loan.

Mortgage applications increased almost 17% for the week ending Aug. 9

Latest MBA report indicates loosening credit standards

Applications rose the week ending Aug. 2, MBA survey indicates

Borrowers in default are provided more flexible communication and scheduling options