Us weekly mba mortgage applications +7.0% vs +27.9% prior

• Prior was +27.9%
• Mortgage rate 6.20% vs 6.23%

Mortgage News Daily had US 30-year fixed ...

January 25, 2023, 12:00 pm

Usdcad stays in the lower range of the up and down range

The Bank of Canada meets on Wednesday with the expectations of a 25 basis point hike to 4.5% from 4.25%. That would take the overnight rate to the ...

January 23, 2023, 3:24 pm

Home prices and mortgages will stay high this year, but housing activity is set to cool further amid mild recession, fannie mae says

Mortgage rates could remain high if inflation indicators stay hot or if prices rebound, Fannie Mae said. It sees a mild recession for the US in 2023....

January 20, 2023, 2:16 pm

Homebuilding stock near 52-week high despite 7% mortgages

The 2023 housing market faces significant headwinds that could stymie D.R. Horton's uptrend....

January 19, 2023, 5:08 pm

Lenders expect default rates on loans to households and businesses to increase

Banks and building societies expect the availability of mortgages and other credit to households to dec...

January 19, 2023, 11:14 am

Wells fargo cutting back on mortgages, will focus on lending to ‘minorities’

Instead, it will now focus on home loans for existing bank and wealth management customers — and borrowers in minority communities. The financial se...

January 18, 2023, 12:14 pm

Jpmorgan braces for recession as credit loss provisions jump 49%

For America's biggest bank, the recession's the base case, and credit losses loom. J.P. Morgan reported fourth-quarter results Friday (Jan. 13) that s...

January 13, 2023, 12:10 pm

My retirement is paid for by your home: annaly capital

mortgages are a top priority for consumers to make payments on. I like being their top priority. The go...

January 12, 2023, 7:25 am

Enact holdings: resilient balance sheet for a tough mortgage environment

Private mortgage insurer Enact Holdings has performed better than peers over the last 12 months in spite of common headwinds from the housing. Going i...

January 12, 2023, 3:18 am

Wells fargo is backing out of the mortgage market - what does it mean for homebuyers?

While not exiting it entirely, they'll be focusing on only providing mortgages to their existing custom...

January 11, 2023, 11:52 am

Wells fargo is stepping back from mortgages after the fed's rate hikes cratered the us housing market

The US bank will now offer home loans only to existing customers and minority communities, after mortgage rates followed interest rates higher and hit...

January 11, 2023, 11:30 am

Barratt developments warns of uncertain outlook following "marked" slowdown in housing market

Barratt Developments PLC (LSE:BDEV) warned the outlook was uncertain with homebuyer confidence and the availability and competitive pricing of ...

January 11, 2023, 3:12 am

Thor equities faces foreclosure in the meatpacking district

Thor Equities appears to be in trouble with another retail building, this time in the Meatpacking District. On Monday Maverick Real Estate Partners, a...

January 10, 2023, 8:29 pm

Wells fargo, once the no. 1 player in mortgages, is stepping back from the housing market

It's the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019....

January 10, 2023, 4:23 pm

The big move: ‘it feels like i’m holding two full-time jobs:’ i’m 65, retired and have a $2,000 pension. i own rental properties, but they’re stressful to maintain. should i keep them or sell?

‘Some of these homes have mortgages, and others are free and clear.’ Read Full Story The post The B...

January 9, 2023, 11:41 pm

Sweden household lending growth at historic low

Swedish households’ lending grew at the weakest pace on record in November, official data showed on Wednesday. Lending to households increased 4.1 p...

December 29, 2022, 1:14 am

Dmo: not your usual mortgage fund, 11% yield

Western Asset Mortgage Opportunity Fund Inc. (DMO) is a closed end fund focused on mortgages. Unlike so...

December 26, 2022, 7:37 pm

How to refinance a business loan

Business loans can typically be refinanced, just like mortgages or other personal loans. When you refin...

December 23, 2022, 8:14 am

Wells fargo agrees to $3.7 billion settlement with cfpb over consumer abuses

CNBC's Hugh Son joins 'Closing Bell: Overtime' to report on Wells Fargo agreeing to a $3.7 billion settlement with the CFPB over customer abuses tied ...

December 20, 2022, 5:14 pm

Uk extends support for high loan-to-value mortgages for a year

The UK government has announced it'll be extending its programme that encourages lenders to offer 95% loan-to-value ...

December 19, 2022, 11:24 pm