2+ hour, 25+ min ago  (314+ words) WASHINGTON" Mortgage applications increased 1. 8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 10. The refinance share of mortgage activity increased to 45. 5% of total applications from 44. 3% the previous…...

6+ day, 4+ hour ago  (120+ words) CU Today MCLEAN, Va. -- The 30-year fixed-rate mortgage dipped this past week, averaging 6. 37%, Freddie Mac reported. Mortgage rates ticked down this week, averaging 6. 37%," said Sam Khater, Freddie Mac's chief economist The decrease in rates represents a positive development for prospective…...

1+ week, 18+ hour ago  (129+ words) CU Today WASHINGTON--U. S. consumer credit expanded at a modest 2. 2% annual rate in February, with the Federal Reserve's latest G. 19 report showing a sharp slowdown in revolving credit growth to just 0. 6% while nonrevolving credit rose at a 2. 8% pace. Total outstanding consumer credit…...

1+ week, 8+ hour ago  (314+ words) WASHINGTON" Mortgage applications decreased 0. 8% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 3. The refinance share of mortgage activity decreased to 44. 3% of total applications from 45. 3% the previous…...

1+ week, 1+ day ago  (284+ words) CU Today WASHINGTON'A new Mortgage Bankers Association report says pandemic-era mortgage forbearance helped most borrowers avoid foreclosure, but a sizable group of more financially vulnerable homeowners still needed additional support from the federal Homeowner Assistance Fund after those initial relief…...

1+ week, 6+ day ago  (103+ words) CU Today MCLEAN, Va. --The 30-year fixed-rate mortgage averaged 6. 46% this past week, Freddie Mac reported. The 30-year fixed-rate mortgage edged up, averaging 6. 46% this week," said Sam Khater, Freddie Mac's chief economist. The 30-year FRM averaged 6. 46% as of April 2, up from…...

2+ week, 6+ day ago  (130+ words) CU Today MCLEAN, Va. --The 30-year fixed-rate mortgage averaged 6. 38% this past week, Freddie Mac reported."Mortgage rates this week averaged 6. 38%," said Sam Khater, Freddie Mac's chief economist "The housing market continues to show gradual improvements compared to a year ago…...

2+ week, 6+ day ago  (239+ words) CU Today WASHINGTON " Homebuyer affordability improved in February, with the national median payment applied for by purchase applicants decreasing to $2, 061 from $2, 070 in January, according to the Mortgage Bankers Association's Purchase Applications Payment Index (PAPI). Homebuyer affordability saw a modest improvement…...

4+ week, 2+ day ago  (179+ words) CU Today WASHINGTON--Reforming the capital treatment of mortgage servicing assets and real estate exposures under NCUA's risk-based capital framework is needed, and America's Credit Unions outlined their suggested changes Friday in a letter to NCUA Chairman Kyle Hauptman. America's…...

1+ mon, 3+ day ago  (158+ words) CU Today MCLEAN, Va. -- The 30-year fixed-rate mortgage moved higher this past week, averaging 6. 11%, Freddie Mac reported. The 30-year fixed-rate mortgage returned to last month's level of 6. 11%," said Sam Khater, Freddie Mac's chief economist Despite the modest uptick, buyers are…...