Loan Rate Update
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Latest News

Loan Modifications Continue to Decline

2014-01-29T06:00:28+00:00

The number of homeowners in need of a loan modification continued to dwindle in November according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. […]

New Home Sales Stall in December

2014-01-28T06:00:23+00:00

New single-family home sales fell for the second consecutive month according to the latest housing data released by the Census Bureau. […]

Refinances Push Mortgage Applications Higher

2014-01-28T00:12:49+00:00

Applications to refinance existing home loans pushed overall mortgage applications higher despite a decline in applications to purchase homes according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 17th, 2014. […]

Home Sales Remain Below Last Year’s Levels

2014-01-27T06:00:52+00:00

The decline in last week’s existing home sales was more than double the previous week’s gain leaving sales below the previous year’s levels for the third consecutive week according to the National Home Sales Snapshot released by DataQuick. […]