Lending

May 23, 2013
Fixed-mortgage rates continue to inch up: Freddie Mac

Fixed-mortgage rates continued to climb for the third straight week, with the 30-year, fixed-rate mortgage slightly...

Read More
Mortgage apps tumble, refis drop to lowest since late March

"The refinance index has fallen almost 19% over the past two weeks and is back to its lowest level since late March," said Mike Fratantoni, Mortgage Bankers Association vice president of research and economics.

ReWired

Refi, purchase apps switch places over the years

Since the housing crash in 2008, the ratio of purchase applications versus refinancing has completely switched. However, as the market levels out, purchase applications are likely to dominate the market again. 

Read More