LATEST NEWS

Mortgage Applications Up Slighty

Mortgage application volume started the New Year with a slight increase according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 3rd, 2014.

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Fannie Mae Loan Modifications Fall in November

Fannie Mae posted a five percent decline in completed loan modifications in November according to the agency’s Monthly Summary report for November 2013 while delinquency rates continued to decline.

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FHFA Mortgage Interest Rates Fall Again in November

The average interest rates for conventional 30-year fixed rate mortgages moved from 4.58 percent in October to 4.48 percent in November according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey, a decrease of ten basis points.

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