Industry experts battle proposed mortgage interest deduction changes
Industry leaders are riled over a federal proposal to overhaul the mortgage interest tax deduction, according to CNNMoney. The...
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Refinancing apps surge as mortgage rates reach new record lows
Refinance activity surged 21 percent last week as mortgage rates continued to set new record lows, according to the...
FHA mortgage apps spike ahead of new regs
Mortgage loan applications for purchases climbed 9.3 percent last week to their highest level since early May, according to a new survey from the Mortgage Bankers Association, released today. According to the trade group,...
Tax credit spurs mortgage profit: MBA
Marina Walsh Independent mortgage bankers nationwide saw profits surge during the second quarter of the year, according to the Mortgage Bankers Association, which reported an average profit of $917 on each loan originated, up...
Purchasing apps to highest level since May
Mortgage purchasing applications rose 6.3 percent last week to their highest level since May, but activity was 40 percent below its level one year ago and still has yet to return to the levels...
Refis hit another 15-month high
With mortgage interest rates lately hitting record lows week after week, loan application volume, particularly amongst those seeking to refinance, is picking up. Refinancing applications rose 2.8 percent, reaching another 15-month high, in the...
Mortgage apps rise nearly 18 percent
Mortgage application volume rose 17.7 percent this week compared to one week earlier, according to the latest data from the Mortgage Bankers Association. That uptick in application volume was driven by a 21.1 percent...
Mortgage apps rise nearly 18 percent
Mortgage application volume rose 17.7 percent this week compared to one week earlier, according to the latest data from the Mortgage Bankers Association. That uptick in application volume was driven by a 21.1 percent...
MBA nationwide commercial mortgage report shows improvement over 2009
Jamie Woodwell Commercial and multi-family loan originations were up 12 percent in the first quarter nationwide, compared to the...
Bounce from tax credit could last past the deadline
While the first-time homebuyer tax credit program is set to expire April 30, it could end up affecting housing...