Mortgage Insights

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

 

Mortgage Rates Move Marginally Higher on Monday

Aug 15, 2017 - US mortgage rates increased marginally on Monday after news headlines this weekend suggested that the nuclear tensions between North Korea and the United States have decreased to some degree. Most of the headlines were not overwhelmingly positive, but investors took some comfort from them...

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Homeownership Increases While Mortgage Rates Remain Low

Aug 11, 2017 - US mortgage rates remained stable this week while many consumers’ views about the housing market have become neutral, with fewer of them prepared to say that now is a good time to sell or buy. According to the latest Home Purchase Sentiment Index published by Fannie Mae, the percentage of...

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Effective Mortgage Rates Reach New Low for 2017

Aug 10, 2017 - US mortgage rates dropped to record lows for 2017 yesterday after newspaper headlines proclaimed a nuclear threat from North Korea. The decrease in rates was very small, however, and the market is not really all that sensitive to geopolitical risk. Ever since the election, rates have been...

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Mortgage Delinquencies Approaching 10-Year Low

Aug 9, 2017 - In May, around 4.5% of all mortgages in the country were in arrears, compared to 5.3% last May. This is according to the newest Loan Performance Insights Report that was published by CoreLogic this week. The serious delinquency rate (i.e. mortgages that are 90 days or longer overdue, including...

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House Prices Continue to Rise Amid Supply Shortages

Aug 8, 2017 - House prices across the United States continue to increase despite record low levels of housing inventory. The Leading Market Index (LMI) published by First American Title Insurance and the National Association of Home Builders showed that around 300 markets throughout the country recorded a...

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