Mortgage Insights

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

 

Mortgage Rates Slightly Lower Before ECB Announcement

Dec 8, 2016 - US mortgage rates dropped marginally on Wednesday, with financial markets starting to prepare for a vital announcement from the European Central Bank (ECB) today. The announcement could shed more light on the ECB’s plans to start tapering its bond-buying program.   In a trend akin to the one...

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Refinances Surged During Third Quarter

Dec 7, 2016 - ATTOM Data Solutions has just released its quarterly mortgage origination volume report for the third quarter, and it appears to be having a positive effect on the market. Since its release, mortgage rates have surged, and one can expect much more subdued figures in the future.   Around 1.9...

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Mortgage Rates Start Week on a Higher Note

Dec 6, 2016 - US mortgage rates started off the week marginally higher than they were on Friday, bringing them closer to the highest level in two years recorded on Thursday. Volatility remains a lot higher than usual, with many lenders issuing modified rate sheets during the course of the day over the past two...

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Questions to Ask Before Purchasing a Property

Dec 5, 2016 - Whether it is an investment condo or your first home, purchasing property can be an exciting and important step. Before you sign on the dotted line for such a significant purchase, make sure you've asked the right questions. Here are just a few of the integral questions you must ask before...

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Average Mortgage Rate Now 4.08%, Says Freddie Mac

Dec 2, 2016 - Freddie Mac's latest report shows that long-term mortgage rates in the United States have reached their highest levels of the year after the fifth consecutive week of increases following Donald Trump's election victory.   The company said yesterday that the average rate on a conventional...

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