Mortgage Insights

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


Falling loan rates but US mortgage activity remains flat

Nov 22, 2017 - Reuters have reported that the Mortgage Bankers Association state that U.S. mortgage applications are now at their lowest level since the middle of February despite a decrease in borrowing costs.   In the week ended November 3rd, the Association’s weekly seasonally adjusted index revealed...

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Slight Increase in Mortgage Rates During Thanksgiving Week

Nov 21, 2017 - US mortgage rates increased marginally on Monday against the background of a rather unique set of conditions in bond markets during the Thanksgiving period. The rates market is underpinned by bond markets, and there is usually a certain amount of participation on which mortgage lenders and...

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Builder Confidence Approaching Highest Levels Since Recession

Nov 17, 2017 - According to the latest NAHB//Wells Fargo Housing Market Index (HMI), builder confidence improved for the second month in a row this month after taking a dip in September because of the hurricanes that hit the country during the later summer months. The index measures confidence levels among the...

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Inventory Shortages Could Reshape US Housing Market Next Year

Nov 16, 2017 - The housing inventory shortage might well become the main driver behind the US housing market in 2018. According to a market projection published by Zillow yesterday, historically low availability levels could continue driving up prices and become the biggest single problem Millennial home...

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Home Prices Above Housing Bubble Levels but Market Different

Nov 15, 2017 - Chief Economist Danielle Hale said that home prices in the United States are now back where they were 10 years ago right before the wave of foreclosures and the subsequent market crash. The market is, however, different now. In 2006, mortgages were easy to come by and underwriting...

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