An Estimated 4M Loans Await Refinancing Once Rates Hit 6%
CoreLogic determines how many loans would be ripe for a refi if rates drop again
Tagged: Refinance
July Refinance Activity, Rate Lock Volume See Increases
Optimal Blue's July 2024 Market Advantage mortgage data report shows a lift in mortgage activity as interest rates dip
Purchase Locks Plunge To End The Second Quarter
Early-stage origination data show homebuying continues to stagnate, even as prices fall.
Mortgage Applications Increase Slightly In Latest Survey
Applications increased 0.8% from one week earlier.
UWM Introduces Refi 100 Pricing Incentive To Revitalize Refinance Business
As mortgage rates hover at lower levels, UWM offers 100-basis point incentive on conventional refinances.
Going For Seconds On DSCR Loans
LoanStream launches DSCR Seconds, allowing borrowers to use a second mortgage to fund their next purchase.
Fifth Third Bank Launches Rate Drop Protector for Mortgages
To be eligible, customers must buy a home with a bank product between April 1 and Sept. 30, 2023.
BMO Offering E-Closing For Refis
Offered only on loans secured by property in U.S. states & counties that allow it.
MBA Offers Suggestions For Improving Refis, Forbearance
Responds to CFPB's request for information published in September.