Fannie Mae will buy 97% LTV mortgages

Fannie Mae will buy 97% LTV mortgages

Credit improvements lead to mortgage product

MBA leaders challenge federal regulators to take action

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Every one of these is totally necessary
W S

Items Tagged with 'Interest rates'

ARTICLES

Mortgage applications jump 5.6% on lower interest rates

Refinancings climb to 59% of share
Trey Garrison
Mortgage applications increased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending October 10, 2014.
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Zillow: Mortgage rates drop to 16-month low

30-year, fixed mortgage continues to fall
Ben Lane
Current rate borrowers were quoted an average interest rate of 3.81% on Zillow’s Mortgage Marketplace in the week that ended Tuesday, down from 3.96% in the previous week.
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Chris Whalen: The Great Recession’s true impact

What has really changed?
Brena Swanson
It’s been about half a decade since the Great Recession, and the economy still has room for improvement. Christopher Whalen argues that the low-interest-rate environment that arguably helped cause the 2008 financial crisis remains in place today.
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Fannie Mae to raise modification interest rate

New rate effective on Oct. 14
Ben Lane
“The Fannie Mae Standard Modification interest rate is not determined on a preset schedule,” Fannie said in the note to its servicers. “The interest rate is subject to periodic adjustments based on an evaluation of prevailing market conditions.”
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Zillow: Mortgage rates fall below 4%

30-year, fixed mortgage rate fell throughout last week
Ben Lane
“Mortgage rates inched up briefly last week on the heels of Friday’s stronger-than-expected jobs report before falling sharply on Monday, hitting 11-week lows,” said Erin Lantz, vice president of mortgages at Zillow.
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Citigroup and Bank of America loosen standards for struggling borrowers

Offer mortgages with discounted rates
Brena Swanson
Both of the mega banks will start to offer mortgages at discounted interest rates as part of their new efforts to help borrowers with low incomes or subprime-credit histories.
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KBRA: 3 reasons the Fed won't change interest-rate policy

"Adverse market conditions in the future"
Brena Swanson
The Federal Open Market Committee is nearing the end of quantitative easing, spurring a lot of questions in the market on what the future holds. Kroll Bond Rating Agency’s Christopher Whalen suggests the markets may be overestimating the willingness of the FOMC to make a change in interest rate policy for three key reasons.
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Labor market recovery weak and incomplete, Yellen says

Interest rate hikes may come, but depend on jobs, inflation
Trey Garrison
Interest rates and the weak labor market dominated the balance of Fed Chair Janet Yellen’s speech from Jackson Hole on Friday morning.
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Freddie Mac: Rates to revisit May 2014 lows?

Rates edge slightly down
Brena Swanson
Mortgage rates dipped slightly for the week ended Aug. 14, reversing any increase made last week. But this might not last too much longer, with several key market reports coming out soon.
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Low rates push REIT stocks higher

Commercial real estate finds footing again
Brena Swanson
Commercial real estate is able to find its footing again since interest rates are hovering near recent lows. The demand is being led by multifamily apartment demand, self-storage and even some strength in regional malls.
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