Mortgage Insights

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

 

Mortgage Rates Could Increase Today After Drop in Bond Prices

May 15, 2018 - Mortgage Rates Could Increase Today After Drop in Bond Prices In most cases, US mortgage rates moved marginally higher or remained stable on Monday. It’s a remarkable feat considering what happened in the bond markets that underpin these rates, and it should come as no surprise if rates move...

Full Story

Small Drop in Mortgage Applications Despite Slightly Lower Rates

May 11, 2018 - Small Drop in Mortgage Applications Despite Slightly Lower Rates According to the MBA’s new Weekly Mortgage Application Survey, there was a 0.4% drop in mortgage applications over the last week. The Purchase Index dropped by 0.2% after making adjustments, but it was nevertheless 3% higher than...

Full Story

US Mortgage Delinquency Rate Lower in February

May 10, 2018 - US Mortgage Delinquency Rate Lower in February The mortgage delinquency rate, which refers to home loans that are one month or longer overdue or in foreclosure, dropped to 4.8% in February; this was a drop of 0.2% compared to the same month a year ago, according to a new CoreLogic report. The...

Full Story

Mortgage Rates Higher Again with More Volatility Possible

May 9, 2018 - Mortgage Rates Higher Again with More Volatility Possible US mortgage rates are currently still in a sideways range. Yesterday’s movements, however, took them marginally higher within that range. Right now, the average mortgage provider is back to where they were on Friday afternoon. This...

Full Story

Housing Market is Changing Because of Smaller Middle Class

May 8, 2018 - Housing Market is Changing Because of Smaller Middle Class Over the last 30 years, the gap between the wealthy and the poor in the US has been steadily widening, and this is starting to affect homeownership trends. Research by John Burns Real Estate Consulting on the shape of the middle-class...

Full Story

123456Last