Housing Wire

NOVEMBER 27, 2024

Adjustable-rate mortgages (ARMs) increased to 6.6% But government loans saw their shares shrink. Federal Housing Administration (FHA) loans shed 60 bps during the week to represent 16% of all applications while U.S. Department of Veterans Affairs (VA) loans were down 120 bps to 12.4% of applications.

Mortgages 370

Mortgages VA loan FHA loan Fixed-rate mortgage 370

Housing Wire

JUNE 5, 2024

Department of Veterans Affairs (VA) loan applications. The refinance share of mortgage activity decreased to 31.1% The Federal Housing Administration (FHA) share of total applications increased to 13.2%, up from 12.7% And the VA share of total applications increased from 12% to 12.1% the previous week.

VA loan 474

VA loan Mortgages Fixed-rate mortgage Loans 474

Housing Wire

OCTOBER 11, 2023

As the 30-year, fixed-rate mortgage hit 7.67% for the week ending Oct. 6, mortgage applications remained near historic lows. However, an uptick in adjustable-rate mortgage (ARM) applications edged total applications up slightly. Mortgage applications picked up 0.6% for the week ending Oct. from 14.5%

Loans 419

Loans VA loan FHA loan Mortgages 419

Housing Wire

NOVEMBER 30, 2021

The trade group estimates the average contract 30-year fixed-rate mortgage for conforming loans ($548,250 or less) increased to 3.31%, seven basis points higher than the previous week. For jumbo mortgage loans (greater than $548,250), it went to 3.27% from 3.28%. Meanwhile, FHA loans went from 8.6%

Mortgages 418

Mortgages VA loan FHA loan Fixed-rate mortgage 418

Housing Wire

DECEMBER 22, 2021

of total mortgage applications, up from 63.3% VA loans comprised 11.5%, an increase of nine basis points. Meanwhile, the share of FHA loans remained unchanged at 9.6% The share of USDA loans was 0.5%. For example, FHA and VA refis jumped 4% and 12%, respectively. . on the previous week.

Mortgages 418

Mortgages VA loan FHA loan Fixed-rate mortgage 418

Housing Wire

SEPTEMBER 6, 2024

That’s why we are not seeing much movement in rates.” For the same 30-year loan of $400,000, a mortgage originator in Texas on Friday quoted 6.35% for a Federal Housing Administration (FHA) loan and 5.5% Department of Veterans Affairs (VA) loan with no points or buydowns. Since the 10-year U.S

Mortgages 476

Mortgages VA loan FHA loan Fixed-rate mortgage 476

Housing Wire

MAY 26, 2021

The post Mortgage applications decrease 4% appeared first on HousingWire.

Fixed-rate mortgage 516

Fixed-rate mortgage Mortgages Loans Industrial 516

Housing Wire

JANUARY 13, 2021

The post New-year optimism reflected in mortgage applications jump appeared first on HousingWire.

Fixed-rate mortgage 514

Fixed-rate mortgage Mortgages Loans Industrial 514

Housing Wire

OCTOBER 19, 2022

A doubling of 30-year fixed rate mortgage rates, shrinking profit margins and a risk of recession presents a challenging environment for independent mortgage banks (IMBs), but smaller IMBs are better positioned to weather challenges, claimed the Community Home Lenders of America (CHLA), a lobby group that represents smaller mortgage lenders.

VA loan 435

VA loan FHA loan Fixed-rate mortgage Banks 435

Housing Wire

JUNE 26, 2023

“The number of refinances decreased amid rising mortgage rates from 111,251 in the fourth quarter of 2022 to 78,445 in the first quarter of 2023.” The serious delinquency rate also decreased to 0.6%

VA loan 370

VA loan FHA loan Fixed-rate mortgage Principal 370

Housing Wire

JUNE 23, 2021

from 0.25 (including the origination fee) for 80% LTV loans. from 0.25 (including the origination fee) for 80% LTV loans. The post Mortgage applications rise again, despite rates jump appeared first on HousingWire.

Fixed-rate mortgage 448

Fixed-rate mortgage Mortgages Loans Construction 448

Housing Wire

MARCH 17, 2021

The post Mortgage applications continue to fall as rates climb appeared first on HousingWire.

Fixed-rate mortgage 435

Fixed-rate mortgage Mortgages Loans Construction 435

Housing Wire

MARCH 24, 2021

The post Mortgage applications dip as home prices climb appeared first on HousingWire.

Fixed-rate mortgage 497

Fixed-rate mortgage Mortgages Loans Land 497

Housing Wire

APRIL 21, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.2% The post Mortgage applications rebound following drop in rates appeared first on HousingWire.

Fixed-rate mortgage 488

Fixed-rate mortgage Mortgages Loans Industrial 488

Housing Wire

APRIL 28, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.17% from 3.2%

Fixed-rate mortgage 487

Fixed-rate mortgage Mortgages Loans Industrial 487

Housing Wire

JUNE 9, 2021

Mortgage applications fell 3.1% in the week ending June 4, and refis took the biggest dip, according to the latest report from the Mortgage Bankers Association. Most of the decline in mortgage rates came late last week, with the 30-year fixed-rate mortgage declining to 3.15

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages Loans Industrial 476

Housing Wire

OCTOBER 7, 2020

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) fell to 3.01% from 3.05%. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $510,400) fell to 3.31% from 3.33%.

Fixed-rate mortgage 482

Fixed-rate mortgage Mortgages Loans As-is 482

Housing Wire

MAY 12, 2021

The post Mortgage applications jump as rates fall to 2.96% appeared first on HousingWire.

Fixed-rate mortgage 468

Fixed-rate mortgage Mortgages Loans Industrial 468

Housing Wire

JULY 28, 2021

And the 15-year rate fell to a record low last seen in 1990. Those ultra-low rates naturally resulted in a sharp uptick in refinancing activity. “With over 95% of refinance applications for fixed rate mortgages, borrowers are looking to secure a lower rate for the life of their loan,” Kan said Wednesday.

Fixed-rate mortgage 397

Fixed-rate mortgage Mortgages Loans Finance 397

Housing Wire

MARCH 31, 2021

The average contract interest rate for 30-year fixed-rate mortgages decreased to 3.29% from 3.35% — the first decrease in three weeks The average contract interest rate for 15-year fixed-rate mortgages decreased to 2.71% from 2.72% The average contract interest rate for 5/1 ARMs increased to 2.85% from 2.79%.

Fixed-rate mortgage 459

Fixed-rate mortgage Mortgages Loans Lending 459

Housing Wire

JANUARY 6, 2021

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) increased to 2.86% from 2.9% The post Mortgage applications drop over holidays appeared first on HousingWire.

Fixed-rate mortgage 435

Fixed-rate mortgage Mortgages Loans Industrial 435

Housing Wire

APRIL 7, 2021

The post Rising rates push mortgage applications down for fifth week appeared first on HousingWire.

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages Loans Industrial 370

Housing Wire

MAY 19, 2021

The post Mortgage applications increase for second straight week appeared first on HousingWire.

Fixed-rate mortgage 397

Fixed-rate mortgage Mortgages Loans Industrial 397

Housing Wire

FEBRUARY 24, 2021

The post Texas storm deflates mortgage application numbers appeared first on HousingWire.

Fixed-rate mortgage 291

Fixed-rate mortgage Mortgages Loans Industrial 291

HomeLight

NOVEMBER 6, 2023

Here are some common types of mortgage loans and their assumability: 1. FHA loans Federal Housing Administration ( FHA ) loans are often assumable. This means that a qualified buyer can take over the existing FHA loan, subject to lender approval. VA funding fee.

FHA loan 111

FHA loan VA loan Mortgages Marketing 111

Point2Homes

AUGUST 26, 2021

Here are the most common types to look out for: Fixed-Rate Mortgages. These mortgages span several years and feature an interest rate that stays the same for the duration. A 15-year fixed-rate mortgage allows you to pay off your loan in half the time, but your monthly payments will be significantly higher.

Loans 103

Loans Mortgages Fixed-rate mortgage FHA loan 103

HomeLight

NOVEMBER 20, 2023

Here’s a brief overview of assumable mortgage types: FHA Loans: Federal Housing Administration ( FHA ) loans are often assumable, subject to lender approval. A qualified buyer must meet standard FHA loan requirements, such as a minimum credit score of 580 and a 3.5% down payment.

FHA loan 115

FHA loan Mortgages VA loan Loans 115

Lab Coat Agents

FEBRUARY 7, 2023

The most common types of mortgages are: 30-year fixed-rate mortgage: With this type of loan, the interest rate remains fixed for the entire term, typically 30 years. This makes for predictable monthly payments and means you won’t have to worry about your rate going up in the future.

FHA loan 96

FHA loan VA loan Pre-approval Fixed-rate mortgage 96

Marco Santarelli

AUGUST 6, 2024

According to Zillow, here are the national averages we're seeing: Mortgage Type Rate (%) 30-year fixed 5.92 20-year fixed 5.62 15-year fixed 5.21 5/1 Adjustable Rate Mortgage (ARM) 5.86 30-year FHA loan 5.41 15-year FHA loan 4.82 5/1 FHA loan 5.06

VA loan 97

VA loan FHA loan Mortgages Fixed-rate mortgage 97

Eye on Housing

JULY 27, 2022

Census Bureau reveals that the four-quarter moving average (MA) share of new home sales financed through FHA was 11.0% Conventional loans financed 74.8% NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. in Q2 2022–its smallest share since early 2008.

FHA loan 111

FHA loan Loans Sales Finance 111

HomeLight

OCTOBER 15, 2020

Here’s a quick rundown of the three major government-backed loans. FHA loans : These are mortgages offered by the Federal Housing Administration , and they’re geared toward buyers with lower credit scores who don’t qualify for a conventional loan. Fixed-rate mortgage.

Loans 98

Loans FHA loan Debt-to-income ratio VA loan 98

Eye on Housing

AUGUST 12, 2020

Over the last two weeks, the Mortgage Bankers Association’s tracked 30-year fixed-rate mortgage average rate fell by 14 basis points to 3.06%, a new record low in the series. On a seasonally adjusted basis, purchasing activity increased.

Fixed-rate mortgage 129

Fixed-rate mortgage Mortgages VA loan FHA loan 129

Realty Biz

SEPTEMBER 30, 2023

These lenders understand the challenges you might be facing and are willing to work with you to find a suitable mortgage option with scores down to 500. Government-backed programs: Government-backed mortgage programs, such as FHA loans, VA loans, and USDA loans, often have more relaxed credit score requirements.

Finance 96

Finance Debt-to-income ratio FHA loan Mortgages 96

Norada Real Estate

JUNE 22, 2022

If your down payment is lower than 20%, your loan-to-value ratio for conventional financing will be higher than 80%, and your lender may require you to pay private mortgage insurance. Types of Mortgage Options For Financing Turnkey Rental Properties. Fixed-rate mortgages.

Finance 96

Finance FHA loan Investor Loans 96

Realtor.com

JANUARY 10, 2022

.” One example is the mortgage program run by the Federal Housing Administration (FHA). While a conventional mortgage requires a 20% down payment, an FHA loan requires only 3.5%. Remember, you alone will be carrying the nut, so be extra cautious about the size of your monthly mortgage payments.

Mortgages 114

Mortgages VA loan FHA loan Fixed-rate mortgage 114

Realty Biz

DECEMBER 30, 2022

The big benefit of going with a conventional mortgage is that it's often going to allow you to get the lowest interest rates possible. You will, however, be able to choose between either a fixed-rate or an adjustable-rate mortgage, and it's going to impact the interest rate on your home loan.

Loans 69

Loans FHA loan Mortgages Debt-to-income ratio 69

Marco Santarelli

JANUARY 14, 2025

Understanding Fixed vs. Adjustable-Rate Mortgages One of the fundamental decisions when choosing a mortgage is whether to opt for a fixed-rate mortgage or an adjustable-rate mortgage. Fixed-Rate Mortgages offer stability.

Mortgages 52

Mortgages Fixed-rate mortgage VA loan FHA loan 52