Here's why the loanDepot CEO loves the CFPB

Here's why the loanDepot CEO loves the CFPB

Regulatory environment huge barrier to entry

Realtor.com: Housing inventory increased in February

Price appreciation encouraging owners to sell

Google prepares to launch mortgage comparison tool

“Compare” service for mortgages already in use in the U.K.
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Items Tagged with 'Adjustable-rate mortgage'

ARTICLES

JPMorgan preps second ARM-only jumbo mortgage bond

$372.4 million offering receives triple-A ratings
Ben Lane
Kroll Bond Rating Agency, Moody’s Investor Service and Fitch Ratings each issued presale reports on J.P. Morgan Mortgage Trust 2015-IVR2, and each ratings agency awarded triple-A ratings to the majority of the offering’s classes.
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Freddie Mac: Hybrid ARMs are “hot”

Annual Adjustable-Rate Mortgage Survey shows impact of low interest rates
Ben Lane
Hybrid adjustable-rate mortgages continue to be the most popular ARM loan product offered by lenders and chosen by borrowers, according to the 31st Annual Adjustable-Rate Mortgage Survey of prime loan offerings from Freddie Mac.
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Freddie Mac: Mortgage rates officially at new 2014 lows

Rates drop below 4%
Brena Swanson
Mortgage rates continued to drop, falling to new yearly lows as the 30-year fixed-rate mortgage hit its lowest level since June 20, 2013. This was also the last time the 30-year FRM averaged below 4%.
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Freddie Mac: Mortgage rates drop near yearly lows

Rates fall to 16-month low
Brena Swanson
"Continued nervousness about slower growth in the global economy proved to be good news for mortgage rates, with mortgage rates pulling back to the lowest level since June 2013," Bankrate said in its weekly mortgage report.
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Freddie Mac: Mortgage rates still pushing buyers to market

Rates still hover at a low point for 2014
Trey Garrison
Mortgage rates once again showed very little change while remaining near their 2014 lows prior to a better-than-expected second-quarter gross domestic product reading, Freddie Mac reported Thursday morning.
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Freddie Mac: Mortgage rates hit nine-month low

5 weeks of straight declines
Brena Swanson
Mortgage rates have officially dropped for five weeks straight to new 2014 lows. And the new average 30-year, fixed-rate mortgage bodes quite well for home shoppers.
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Refinances continue downward trend, ARMs on the rise

ARMs up 5% from March 2013
Ben Lane
ARMs made up 7.4% of the home loans closed in March. That was up by nearly 5% over March 2013’s figure of 2.5%.
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3 reasons borrowers fare well with ARMs

Call to ARMs may be answer to rising rates
Trey Garrison
ARMs have grown from a 3.4% share of all conforming home loans in December 2013 to a recent high of 9.9% in March 2014. Here's why they might be a smart idea.
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Fannie Mae: Here's why ARMs work for some borrowers

More borrowers jump aboard
Brena Swanson
Adjustable-rate mortgages used to be one of the hottest products on the market in 2005, making up nearly 40% of purchase money mortgages. But now almost nine years later, ARMs sit roughly around 5%.
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Is the growing market share of ARMs cause for concern?

Capital Economics wants to know
Jacob Gaffney
The economics company states the adjusted rate mortgage appears to be in the middle of something akin to a renaissance. And it gives three reasons this trend is not a heart stopper.
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