Adam Constantine on MLK Jr.’s impact on housing equality

During the interview, Constantine explains why the industry needs to focus on evoking intentional change rather than launching lackluster initiatives.

Managing Credit Risk in 2021 and Beyond

Join a panel of industry experts as they provide an economic outlook for 2021 and a discussion with regional bankers on how they are managing credit risk over the next several years.

Amid record-high origination volumes, mortgage fraud risk is down

CoreLogic's recently released Mortgage Fraud Report is the industry standard for nationwide fraud monitoring and analysis. Read the findings here.

Empowering women to be financially great with Dava Davin

Women of Influence winner Dava Davin joins Girlfunds to discuss everything from her best financial tip to her advice on starting the home-buying process.


Mortgage applications tick up 1.4%

Mortgage applications ticked up for the week ending Oct. 4, increasing 1.4% from a week earlier, the Mortgage Bankers Association said Wednesday.

This minor growth is linked to the association's rising refinance index, which shot up 3% from last week’s posting.

On the other hand, the purchase index fell 1% from a week earlier.

The refinance share of mortgage activity continued to rise, with refi filings representing 64% of all applications.

Mortgage rates also fell this past week as the nation battled through waves of uncertainty in the midst of a government shutdown.

The average contract interest rate for a 30-year, fixed-rate mortgage with a conforming loan limit declined to 4.42% from 4.49%.

Meanwhile, the 30-year, FRM jumbo declined to 4.45% from 4.53%.

The average 30-year, FRM backed by the FHA decreased to 4.15% from 4.21%, and the 15-year, FRM dropped to 3.52% from 3.55%.

Additionally, all of the fixed-rate mortgages fell to their lowest point since mid-June.

The 5/1 ARM also dipped to 3.25% from 3.26% a week ago.

Most Popular Articles

Prepare for the rise in mortgage rates

Economists offer their takes on how high mortgage rates will climb, how lenders will respond and what impact this will have on the housing market. HW+ Premium Content

Jan 18, 2021 By

Latest Articles

CFPB clarifies role of supervisory guidance

The Consumer Financial Protection Bureau issued a final rule Tuesday clarifying that supervisory guidance is not backed by the same force as law or regulation.

Jan 19, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please