Mortgage Insights

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


Higher Mortgage Rates and Improved Housing Inventory Predicted for 2018

Dec 1, 2017 - Housing economics specialists are expecting big changes in the market next year, including some sort of relief in the ongoing housing stock shortages. In its latest report, said the market will start to experience home price increases that are more manageable, along with a slight...

Full Story

Mortgage Rates Remain Stable, but Limits Will Soon Increase

Nov 29, 2017 - On Tuesday, the average mortgage rate on the very popular 30-year fixed-rate home loan dropped by two basis points. On 15-year fixed-rate loans, the rate was one basis point lower, and in the case of 5/1 Adjustable Rate Mortgages, there was no change. This is according to a NerdWallet poll of...

Full Story

We Finance Unique Scenarios

Nov 28, 2017 - Lending Challenge As a Realtor, you know not everyone fits the perfect mold for a new mortgage. Some clients have successful investment properties, but not enough cash for the full 20% down payment on a new property. This was the case for “Liam’s” client “Suzanne” who was purchasing a new $1MM...

Full Story

Home Price Growth Continues to Slow Down Across the US

Nov 28, 2017 - A Black Knight Financial Service report issued yesterday showed that home prices in the United States continued their slowdown compared to the previous month. The company’s Home Price Index (HPI) nevertheless showed even faster annual price increases. The firm said that between August and...

Full Story

US Home Prices Escalating at Twice the Normal Rate

Nov 24, 2017 - Zillow’s housing market report for October shows that home values in the United States have now increased by 6% or more for the 15th month in a row. This figure is double the long-term “normal” yearly rate of price growth, said Zillow Chief Economist Svenja Gudell. With surging demand and...

Full Story