Results for Retail Mortgage

All your housing market news in one place!!! by Primemax Mortgage

Millions of Americans look to mortgage loans to help them buy homes, but the number of applications — and the percentage actually getting approved and funded — varies by where you live. To determine the states with the most mortgage purchase, not refinancing, loan applications and approvals, NerdWallet analyzed 2015 data from the Home Mortgage Disclosure Act...Read More

The Federal Reserve remained hesitant to raise rates this week, which means mortgage rates below 4 percent could stick around longer than many originally thought.

Without a high credit score, you won’t qualify for the best mortgage rates available, which could mean you’ll end up paying more money over the term of your mortgage. Even with rates at historic lows right now, the difference between 3.5% and 3.75% can add up, especially if you’re applying for a 30-year fixed-rate mortgage....Read More

One of the biggest questions plaguing the current housing market is where mortgage interest rates will be at this time next year. Over the last two months, rates have begun to creep up (see chart). Though we don’t like to project rates moving forward, we do want you and your family to have the information you need in order to decide whether to wait before buying your first house or moving up to your ultimate dream home. Here are the most current mortgage…

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.
This has c

According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly.
Why did rates go

The 30-year mortgage rate decreased two basis points to 3.79% last week, according to F

HousingWire is the nation's most influential source of news and information on housing and mortgage lending. Award-winning news coverage of mortgage origination, servicing, investments and real estate.

The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news. However, the constant headlines which talk about “tight credit” are causing some potential home buyers to doubt their ability to purchase. We want to rectify the misconce

Mortgage applications increased 4.7 percent on a seasonally adjusted basis for the week ending July 31, after a drop in interest rates.

Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying:
Laurie Goodman, Co-director of the Urban Institute’s Housing Finance Policy

Mortgage rates are near record lows, which means now is the perfect time for your home buyers to take advantage. 

As more home owners see their home values increase, a new report predicts “less friction in the housing market” and better fundamentals to attract more first-time buyers. 

Find out if retiring without a mortgage makes sense for you. Then check out two great ways of making it happen.

An 80-10-10 mortgage, or piggyback mortgage, is one method to avoid paying private mortgage insurance (PMI) for those with good credit. Find out more here.

Mortgage interest rates have already risen by over a quarter of a percentage point in 2018. Many are projecting that rates could increase to 5% by the end of the year.
What impact will rising rates have on house values?
Many quickly jump to the conclusion that an increase in mortgage rates will h

Fannie Mae is preparing to increase its debt-to-income ratio requirement to 50% next month. While this move may seem risky as borrowers will have less cash-flow, Fannie Mae insists the results of its study show the borrowers that will now qualify are up to the task.

As the housing market and hiring continue to recover, more consumers are making their mortgage payments a priority again.

See what triggers these high-dollar home loans that have more demanding requirements.