Can You Originate Loans In A Recession?
Who will be hurt most by a downturn.
Tagged: Mortgage Rates
Escalating Mortgage Rates Creating An ARMs Race
With waning affordability and rising mortgage rates purging the market, both LendingTree and First American saw a recent uptick in adjustable rate mortgages.
Market Potential Dwindling From Recent Highs
As the market adjusts to a post-pandemic norm with higher mortgage rates, housing market potential will subside from recent highs, according to First American.
Freddie Mac: Mortgage Rates Jumped Last Week
30-year fixed mortgage moves up to 5.51%
CoreLogic: Mortgage Delinquency Rate Fell Nearly 2 Percentage Points In April
The Mortgage Delinquency Rate dropped in April for the 13th straight month.
Deal Or No Deal? Home Sales Are Getting Canceled at the Highest Rate Since 2020
Nearly 15% of home purchase agreements fell through in June, hinting that buyers are taking more time to re-negotiate.
Freddie Mac: Rapid-Rising Mortgage Rates Are Slowing
Freddie Mac's weekly report found that the 30-year fixed-rate mortgage averaged 5.7%, down from last week's 5.8%.
