Home loan applications fall again amid tight credit rules, weak job market
The volume of applications for home loans fell again last week, due to a weak job market and tightening...
Mortgages
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TRD Insights: More homeowners are skipping mortgage payments in favor of credit card bills
More homeowners are choosing to skip their monthly mortgage payments in favor of paying off other debt obligations. A...
TRD Insights: Homebuyers in Black communities charged higher mortgage rates, report finds
New home mortgage borrowers in majority-Black communities are charged higher interest rates than borrowers in majority-white communities. That was...
Parent of Quicken Loans, Rocket Mortgage seeks $3.3B in IPO
Rocket Companies, the parent company of Quicken Loans and Rocket Mortgage, has set the bar for its upcoming initial...
Mortgage applications fall as fears of second wave rise
Homebuyers are pumping the breaks as mortgage rates, Covid infections and uncertainty rises. An index tracking the weekly volume...
Bank of America will pay $300K to settle DOJ mortgage lending discrimination claim
Bank of America and the U.S. Department of Justice reached a settlement over allegations the bank denied mortgages and...
SL Green puts One Court Square loan up for sale
SL Green Realty is once again looking to its loan book to raise some cash. The REIT is looking...
TRD Insights: Home loan forbearance hits lowest level in months
Mortgages in forbearance dropped to the lowest level in two months. Home loans in forbearance made up 7.8 percent...
30-year mortgage rate hits record low
The average rate on a 30-year mortgage, America’s most popular home loan, has fallen below 3 percent. The 2.98 percent is the lowest Freddie Mac has seen in nearly 50 years of tracking. It’s...
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...
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