Purchase demand softened while refinance activity continued to show resilience despite higher borrowing costs
Tagged: Refinance
Lendtrain gives homeowners instant refinance estimates before connecting them with licensed mortgage professionals
Mortgage lenders love to tout high retention numbers. But without a common definition of recapture, the industry's favorite metric may reveal more about marketing than actual borrower retention
Study estimates well-qualified conventional borrowers are among the most likely to miss the lowest available rates, reinforcing a broader trend in mortgage shopping
Company argues efforts to lower closing costs could transfer risk to lenders, borrowers and investors
Many prospective refinancers carry mortgage rates above 5%, suggesting demand could accelerate if borrowing costs decline
More than half of first-quarter equity withdrawals came through HELOCs and second liens, according to ICE Mortgage Monitor
Lender rolls out purchase buydown credits, refi pricing incentives and expanded credit score options
Lower rates earlier this year fueled a refinance surge and boosted first-time buyer activity, giving loan officers a more balanced pipeline
Community lender bets on automation to boost loan officer capacity and streamline borrower experience