New Home Sales Rebounded in May
After tumbling more than 16% in April, new home sales rebounded in May, rising 10.7% to reach a seasonally adjusted annual rate of 696,000, according…
Author: mortgage-orb
Black Knight: Mortgage Delinquency, Foreclosure Numbers Show Improvement
Black Knight Inc. has unveiled a “first look” at May 2022 month-end mortgage performance statistics derived from its loan-level database representing the majority of the…
Inhabet Offers Mortgage Lenders Compliant DIY Property Valuations
Equity Valuation Partners (EVP), a provider of home value services, valuation tools and property value data for the real estate industry, has launched Inhabet, a…
Mortgage Markets CUSO Using Mortgage Coach
Mortgage Markets CUSO is now using Mortgage Coach to increase mortgage lending engagement at the credit unions it serves. A subsidiary of Connecticut-based Finex Credit…
MBA Reports Median Mortgage Application Payments Rose Slightly in May
Homebuyer affordability was mostly unchanged in May, with the national median payment applied for by applicants up slightly to $1,897 from $1,889 in April. This…
Despite Rising Mortgage Rates, Homebuyer Interest Keeps Market Competitive
Freddie Mac’s Primary Mortgage Market Survey (PMMS) results show that the 30-year fixed-rate mortgage (FRM) averaged 5.81% with an average 0.8 point as of June…
ATTOM Finds Most Vulnerable Housing Markets in New Jersey, Illinois and California
ATTOM’s Special Housing Risk Report shows that New Jersey, Illinois and inland California had the highest concentrations of the most at-risk markets in the first…
Market Hits Biggest Housing Affordability Challenge in 15 Years
Ballooning mortgage costs, driven by skyrocketing prices and interest rates, have made mortgages less affordable than at any time since at least 2007. Demand for…