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(iStock)

There’s a scramble to refinance and buy new homes 

As the summer heats up, so too is the demand for home loans.  An index tracking the volume of...

There’s a scramble to refinance and buy new homes 
According to the report, purchase applications are down while refinancing is up (iStock)

Applications for mortgages to buy homes drop

Homebuyers took some time off last week as homeowners got busy. An index tracking the volume of mortgage applications...

Applications for mortgages to buy homes drop
As the virus took hold, banks were staying clear of jumbo loans. But we’re seeing some positive activity now. (Pixabay)

The jumbo loan market crashed with Covid. But it’s slowly regaining strength

Jumbo loans, a favorite tool of lenders to finance high-end homes for wealthy buyers, sunk like a stone as...

The jumbo loan market crashed with Covid. But it’s slowly regaining strength
(Credit: iStock)

Six weeks, six jumps in mortgage applications to buy homes

Homebuyers are back in the game as reopening continues. The volume of mortgage applications to purchase homes increased by...

Six weeks, six jumps in mortgage applications to buy homes
Mike Fratantoni (Credit: MBA, iStock)

More than 7.5% of home loans in forbearance: MBA

The share of home loans in forbearance grew last week, a situation that could worsen as millions file for...

More than 7.5% of home loans in forbearance: MBA
(Credit: iStock)

Loan applications for home purchases jump 12%

Home loan applications dropped last week as refinancing requests waned but requests for purchases showed a healthy gain. The...

Loan applications for home purchases jump 12%
The number of loan applications for home purchases fell sharply last week (Credit: iStock)

Applications for home loans at lowest level since 2015

Home buyers are retreating from the market as effects of the pandemic reverberate across the residential sector. Loan applications...

Applications for home loans at lowest level since 2015
Mortgage industry chief gets some federal employees back to work with pay

Mortgage industry chief gets some federal employees back to work with pay

Despite the ongoing government shutdown, hundreds of clerks at the Internal Revenue Service are back at work with pay...

Mortgage industry chief gets some federal employees back to work with pay
Mortgage industry latest real estate sector to express alarm over GOP tax bill

Mortgage industry latest real estate sector to express alarm over GOP tax bill

From TRD New York: Add the mortgage industry to the list of groups concerned about the Republican tax plan....

Mortgage industry latest real estate sector to express alarm over GOP tax bill
Banks lend aggressively on CRE despite downturn fears

Banks lend aggressively on CRE despite downturn fears

From TRD New York: Banks are aggressively lending on commercial properties even as developers and equity investors are starting...

Banks lend aggressively on CRE despite downturn fears
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