Mortgage Insights

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

 

Rates Increase Slightly to Catch up With Bond Markets

Nov 10, 2017 - On Thursday, US mortgage rates increased for the first time since last week. This ended three days of the lowest rates since the middle of October, with yesterday’s rates being roughly the same as those recorded on November 3. Meanwhile, bond markets closed at nearly the same levels seen on...

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Lower Mortgage Rates Help Boost Refinance Activity

Nov 9, 2017 - A new report released by the MBA shows that mortgage application activity was relatively subdued last week. The changes that did take place in the association’s Market Composite Index were minute and not really directional. This is the first time since the middle of 2013 that this index has not...

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Increasing Home Prices and Rates Drive Up Home Tenure

Nov 8, 2017 - Anyone who needs additional proof that increasing mortgage rates and surging home prices are forcing Americans to stay in their current homes for much longer stretches only needs to look at the latest housing data released by ATTOM Data Solutions. The company’s new quarterly home sales report...

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Mortgage Rates Fall to Three-Week Lows

Nov 7, 2017 - US mortgage rates continued moving lower yesterday, even as the underlying financial markets offered little in the form of motivation. There was no clear cause-and-effect between mortgage rate movements and what was happening in the international economic and political arena, and the economic...

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Mortgage Rates Return to Lowest Levels in Two Weeks

Nov 3, 2017 - US mortgage rates dropped moderately on Thursday after it was confirmed that Jerome Powell is President Trump’s nominee for Fed Chairperson and the publication of the GOP tax bill. “Confirm” might not be the most accurate word in this case because there is no need for the Senate to confirm...

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