Mortgage rates didn’t move from last week amid continued market volatility. And while mortgage rates remained unchanged, they didn’t reverse any of last week’s declines, which marked six consecutive weeks of drops.
For those who lived through the financial crisis, it does not marginally compare to the shock that would occur to the market if Congress does not solve the upcoming debt ceiling debacle, a major investment guru suggested in a report.
Friday Funding takes a look at the mortgage lending operations at origination firms. In this edition, Bela Donine, a managing director at HomeBridge discusses correspondent growth with HousingWire. HousingWire: Who...
According to Verizon’s 2019 Data Breach Investigations Report, 10% of the 2,013 breaches that occurred in 2018 were within the financial industry. Personal data was compromised in 43% of those breaches, which were largely attributed to privilege misuse, errors or unsecure web applications.
Rising interest rates often cause homebuyers to think twice about moving forward with a mortgage. In April, mortgage applications fell more than 7% after 30-year fixed mortgage rates reached a high for the month.