Mortgage applications came in higher again last week, as more consumers took advantage of another pullback in mortgage rates, according to the Mortgage Bankers Association. The MBA’s Market Composite Index, a measure of weekly loan volume based on surveys of association members, increased 3% on a seasonally adjusted basis for the seven-day period ending March … [Read more…]
The VA Native American Direct Loan (NADL) program interest rate was reduced from 6% to 2.5% to make housing loans more affordable for Native American military veterans.
Compare current VA mortgage rates â USA TODAY Blueprint USA TODAY
Mortgage rates fell last week, spurring an increase in demand. But a volatile secondary market is causing challenges.
Disparity in mortgage rates offered by lenders doubled in 2022: Study Inman
The Fed has decided to forge ahead in its fight against inflation, despite several bank closures that have caused turbulence in the financial markets.
Ready to buy your Austin dream home? Here’s why a local bank is … CultureMap Austin
Most distressed mortgages emerged from workouts intact in February but the chargeoff rates for auto loans and credit cards are up, in part due to steep housing costs that have contributed to high levels of household leverage. The majority or 76% of borrowers who completed post-forbearance workouts on distressed homes loans from 2020 on were … [Read more…]
Cloud-based loan origination system LendingPad integrated with Aduvo, which provides mortgage marketing automation solutions.
If you have federal student loans, you may have enjoyed a payment and interest pause for the past few years. But after receiving several extensions, the pause may be drawing to a close. While itâs still unclear when exactly the student loan forbearance will end, payments and interest accrual could resume in late August. However, […]
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