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News, Page 8

Mortgage Rates Little Changed

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates largely calm amid mixed economic and housing data and ahead of the Friday employment …

Mortgage rates nudge slightly higher

Mortgage rates barely increased this week. That did not dissuade borrowers from filling out purchase and refinance applications. The uptick may not last, though. Recent economic data may persuade the Federal Reserve to hold off on rate increases even longer.

Nonbank mortgage lending soars

Nonbank mortgage lending rose to 37.5 percent of the market during 2014, up from 14 percent in 2011. Who are the players?

Mortgage applications surge

Despite interest rate volatility, mortgage applications moved decidedly higher last week, continuing their strong stride into spring.

Mortgage application declined? Don’t despair

What to do when your bank says ‘no deal’ to your mortgage application. Get to grips with the main reasons your mortgage application was declined and what you can do to boost your chances of your loan being approved next time you apply.