mortgages


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The number of mortgage borrowers in Covid-19 forbearance plans ticked down again this week. (iStock)

3M homeowners remain in forbearance

Nearly 3 million U.S. homeowners were in forbearance programs as of this week, a massive amount but still a sharp drop from 4.76 million at the height of the pandemic. That’s according to a...

3M homeowners remain in forbearance
(Getty, iStock)

Mortgage applications to buy homes decline for fourth straight week

The number of applications to buy homes dropped again last week, marking the fourth consecutive week of declines. The...

Mortgage applications to buy homes decline for fourth straight week
(iStock)

Older Americans increasingly saddled with housing debt

The share of older Americans with housing debt has doubled over the last 20 years, rising from 15.3 percent...

Older Americans increasingly saddled with housing debt
(iStock)

Black homeowners pay $13K more for home loans: study

Black homeowners in the U.S. are paying thousands of dollars more for mortgage payments than their white counterparts, according...

Black homeowners pay $13K more for home loans: study
While some Americans have benefited from low mortgage rates, others find themselves locked out (iStock)

Homebuyers with bad credit increasingly locked out of the market

Not everyone is reaping the benefits of a low-mortgage rate environment. As mortgage lenders tighten their belts, available housing...

Homebuyers with bad credit increasingly locked out of the market
(Getty)

Has homebuying peaked? Mortgage applications sink 2%

The housing shortage may have finally stopped the surge of hopeful homebuyers. An index tracking applications to buy homes...

Has homebuying peaked? Mortgage applications sink 2%
A new report by CoreLogic showed mortgage payments that are over 120 days delinquent rose to 1.4 percent in July, its highest level since 1999 (iStock)

Mortgage delinquencies jumped to highest rate in 20 years

The coronavirus has managed to send the U.S. housing market surging in opposite directions simultaneously. On one end, demand...

Mortgage delinquencies jumped to highest rate in 20 years
Snapdocs CEO Aaron King (Snapdocs; iStock)

Snapdocs raises $60M amid record demand for mortgages

The mortgage business is booming, and so are companies that help homebuyers manage the application process. One of those...

Snapdocs raises $60M amid record demand for mortgages
Anthony Casa (AIME)

Mortgage association head quits after sending lewd videos

The founder and chairman of the Association of Independent Mortgage Experts will formally step down, months after sending lewd...

Mortgage association head quits after sending lewd videos
(iStock)

Mortgage refinancings hit highest level since mid-August

Homeowners rushed to refinance last week as mortgage rates fell, while applications from prospective homebuyers slowed. The Mortgage Bankers...

Mortgage refinancings hit highest level since mid-August
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