Mortgage Insights

Get the latest mortgage news and other insights into the home loan industry from the at Bank of Internet USA.

 

Westpac predicts continued home price increases and supply issues

Jun 8, 2018 - Westpac predicts continued home price increases and supply issues Westpac Research Analyst Elliot Clarke is convinced that house prices in the United States will continue to outpace incomes, with insufficient supply and affordability issues likely holding back sales activity. He wrote that since...

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Mortgage Rates Take a Break After Sharp Increases

Jun 7, 2018 - Mortgage Rates Take a Break After Sharp Increases US mortgage rates remained relatively flat on Wednesday after increasing quite rapidly over the previous few days. This means they are now directly in the middle of the fence, and it is difficult to say which side they will jump to from here....

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US Home Prices Recorded 6.9% Annual Growth in April

Jun 6, 2018 - US Home Prices Recorded 6.9% Annual Growth in April According to the latest home price index report issued by CoreLogic, home prices in the United States continued their upward trajectory in April, increasing by 1.2% on a monthly basis and 6.9% on an annual basis. The rate of price increases is...

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Mortgage Rates Continue Recent Uptrend

Jun 5, 2018 - Mortgage Rates Continue Recent Uptrend US mortgage rates yesterday continued on the recent uptrend they started last Wednesday, a day after reaching their lowest levels in well over a month due to political uncertainties in Europe. The return to the uptrend coincides with those political...

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Underwater borrowers reach decade low while mortgage rates drop

Jun 1, 2018 - Underwater borrowers reach decade low while mortgage rates drop According to Zillow’s Negative Equity Report for the last quarter of 2017, the percentage of homeowners whose mortgages exceeded the value of their homes was 9.1%, dropping below 10% for the first time since the house market...

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