Housing Wire

JUNE 12, 2024

An analysis released Wednesday by Columbia, Missouri -based lender Veterans United Home Loans revealed that the home loan program through the U.S. Department of Veterans Affairs (VA) has contributed $3.9 The VA loan program — which was established in 1944 through the GI Bill — will celebrate its 80th anniversary on June 22.

VA loan 466

VA loan Loans As-is Mortgages 466

Housing Wire

APRIL 2, 2025

New York-based Roam , a platform for purchasing a home with an assumable low-rate mortgage included, announced on Wednesday that it has secured $11.5 Assumable mortgages are the #1 non-inflationary lever that should be pulled over the next four years to make housing more affordable, Rabois said in a statement.

Mortgages 309

Mortgages VA loan Loans Closing 309

Housing Wire

FEBRUARY 15, 2024

Department of Veteran Affairs (VA) loans through its Tinman platform. We’ve been working toward launching a VA product for the past two years,” Vishal Garg, founder and CEO of Better, said in an interview with HousingWire. Better’s rate for VA loans was 6.375% as of Tuesday afternoon, the company said.

VA loan 435

VA loan Loans Loan Officer FHA loan 435

Housing Wire

MARCH 19, 2025

Mortgage applications decreased 6.2% That’s according to the latest data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 14, 2025. The Market Composite Index, which measures mortgage loan application volume, decreased 6.2% the previous week.

Fixed-rate mortgage 409

Fixed-rate mortgage Mortgages Loans VA loan 409

Housing Wire

FEBRUARY 3, 2025

The Tech100 Mortgage award recognizes the most innovative and impactful organizations driving the mortgage industry forward. More than just an accolade, this award highlights organizations that are transforming the housing sectorenhancing efficiency, transparency, and accessibility in ways that reshape the future of mortgage lending.

Mortgages 417

Mortgages Title Lending Loans 417

Housing Wire

OCTOBER 20, 2022

AOL products have begun to proliferate the market since Fannie Mae made its announcement in April (Freddie Mac began accepting AOLS two years ago). ” The post Voxtur rolls out attorney opinion letters for VA loans appeared first on HousingWire.

VA loan 418

VA loan Loans Title Land 418

Housing Wire

FEBRUARY 12, 2025

Mortgage applications increased 2.3% The Mortgage Bankers Association ‘s market composite index increased 6% on an unadjusted basis compared with the previous week. The refinance share of mortgage activity increased to 40.2% the week prior and the VA share of total applications increased to 14.6% from 16.2%

Fixed-rate mortgage 270

Fixed-rate mortgage Mortgages VA loan Loans 270

Housing Wire

FEBRUARY 11, 2022

The VA loan is an important financing tool for VA-eligible borrowers to achieve their homeownership dream. In 2021 one in two VA borrowers was a first-time homebuyer (FTHB). . Last year, mortgage interest rates reached record lows. This translates into an average of $56 billion in mortgage originations per year.

VA loan 397

VA loan Loans Lending Finance 397

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. Earlier in my life, I was directed away from using a VA loan when I purchased my first home. Who is eligible?

VA loan 468

VA loan Loans Mortgages Lending 468

Housing Wire

DECEMBER 6, 2023

Falling mortgage rates last week brought increased demand. Total home loan applications increased 2.8% 1 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). The 30-year fixed-rate mortgage averaged 7.17% last week. for the week ending Dec. of total applications, down from 8.1%

VA loan 521

VA loan Mortgages FHA loan Fixed-rate mortgage 521

Housing Wire

JUNE 5, 2024

Mortgage demand keeps on falling. Mortgage applications dropped 5.2% for the week ending May 31 compared to the prior week, according to the Mortgage Bankers Association (MBA), results that include an adjustment for the Memorial Day holiday. Department of Veterans Affairs (VA) loan applications. the previous week.

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VA loan Mortgages Fixed-rate mortgage Loans 480

Housing Wire

DECEMBER 3, 2023

Mortgage holders withdrew a mere 0.41% of tappable equity in Q3, about 55% below the average withdrawal rate seen in the 12 years leading up to the Federal Reserve ’s most recent tightening cycle, according to the latest ICE Mortgage Technology ‘s mortgage monitor report. for FHA loans and 44.5% for VA loans.

Equity 468

Equity VA loan FHA loan Mortgages 468

Housing Wire

DECEMBER 20, 2023

Mortgage demand fell for the first time since November as mortgage rates reached their lowest level since June 2023. Total home loan applications decreased by 1.5% 15 compared to the previous week, according to data from the Mortgage Bankers Association (MBA). for the week ending Dec. the week prior.

Mortgages 480

Mortgages VA loan FHA loan Loans 480

Housing Wire

JANUARY 10, 2024

Despite an uptick in mortgage rates at the beginning of 2024, mortgage demand surged after adjusting for the holiday. Mortgage applications increased 9.9% 5 compared to one week earlier, according to data from the Mortgage Bankers Association (MBA). The 30-year fixed mortgage rate averaged 6.62% as of Jan.

Mortgages 511

Mortgages VA loan FHA loan Loans 511

Housing Wire

NOVEMBER 4, 2024

By making an offer of compensation, sellers communicate to buyers, as a marketing tactic, that their transaction costs may be reduced. This tactic will only work if the home appraises at the higher value, of course—leaving the consumer with a larger mortgage and monthly payment. These “solutions” do not leave buyers better off.

Debt-to-income ratio 321

Debt-to-income ratio Agents VA loan MLS 321

Housing Wire

MAY 8, 2023

I was tired of fighting with mortgage lenders about self-employment income, high-interest rates , and dealing with scarce inventory that fit our family’s needs. To overcome the disparity in my income, my father agreed to be our co-borrower on the mortgage assumption application. You do not have to be a veteran to assume a VA loan.

VA loan 418

VA loan Mortgages Marketing Loans 418

Housing Wire

DECEMBER 22, 2021

Mortgage applications fell 0.6% 17, with fewer borrowers looking for purchases in the lower end of the market, according to the Mortgage Bankers Association (MBA) survey published on Wednesday. Compared to a year ago, mortgage applications declined across the board. The overall market composite index dipped 31.9%

Mortgages 418

Mortgages VA loan FHA loan Fixed-rate mortgage 418

Housing Wire

NOVEMBER 10, 2023

Redfin classified purchases as all-cash when transactions had no mortgage loan information on the deed. High mortgage rates are exacerbating inequality between people who own homes and people who don’t,” Redfin Senior Economist Sheharyar Bokhari said. mortgaged home sales, up from 14% a year earlier but down from 16.3%

FHA loan 468

FHA loan VA loan Mortgages Loans 468

Housing Wire

OCTOBER 9, 2024

After reaching their highest level since July 2022 , mortgage applications have declined for two straight weeks, counteracting some recent positive signs for a still-sputtering housing industry. According to weekly data released Wednesday by the Mortgage Bankers Association (MBA), applications shrank 5.1% of new applications.

VA loan 458

VA loan Mortgages FHA loan Loans 458

Housing Wire

OCTOBER 12, 2023

Mortgage-rate-lock volume fell 20% in September, led by a combination of seasonal decline in purchase activity and rising interest rates, according to Optimal Blue ’s Originations Market Monitor report. FHA and VA loan production both gained in activity share to 20.6% and 10.4%, respectively. of the total.

VA loan 470

VA loan Mortgages FHA loan Loans 470

Housing Wire

JULY 18, 2024

Mortgage applications to purchase new homes fell 16% month over month in June but rose 0.7% year over year, according to a report released Thursday by the Mortgage Bankers Association (MBA). By loan type, conventional mortgages continued to comprise the majority of applications for new homes, accounting for 60.8%

Mortgages 495

Mortgages VA loan FHA loan Loans 495

Housing Wire

JANUARY 3, 2024

Mortgage demand fell over the holidays despite declining mortgage rates. Mortgage applications decreased 9.4% 29 compared to two weeks earlier, according to data from the Mortgage Bankers Association (MBA). The share of Federal Housing Administration (FHA) loan activity decreased to 14.5% for the week ending Dec.

Mortgages 473

Mortgages VA loan FHA loan Loans 473

Housing Wire

JULY 3, 2024

Mortgage applications declined by 2.6% on a seasonally adjusted basis during the week ending June 28, according to data released Wednesday by the Mortgage Bankers Association (MBA). The trade group cited upward movement in mortgage rates as the key reason why. Federal Housing Administration (FHA) loans accounted for 13.1%

VA loan 435

VA loan FHA loan Mortgages Loans 435

Housing Wire

APRIL 2, 2025

Mortgage applications decreased 1.6% from last week , according to data from the Mortgage Bankers Associations (MBA) weekly mortgage applications survey for the week ending March 28, 2025. The refinance share of mortgage activity also saw a decrease, dropping to 38.6% of total applications from 40.4% the previous week.

Fixed-rate mortgage 389

Fixed-rate mortgage Loans Mortgages Development 389

Housing Wire

OCTOBER 4, 2023

Mortgage applications ground to a halt for the week ending Sept. 29, falling 6% from the week prior as mortgage rates jumped to a 23-year high of 7.53%, according to new weekly data from the Mortgage Bankers Association. Mortgage application activity is now at its lowest level since 1996, the MBA reported. from 14.1%

Mortgages 501

Mortgages VA loan FHA loan Loans 501

Housing Wire

NOVEMBER 1, 2023

Mortgage applications fell for the third week in a row as mortgage rates surged toward 8%. 27, total home loan applications fell 2.1% compared to the week prior , according to weekly mortgage application data from the Mortgage Bankers Association (MBA). For the week ending Oct. of all applications.” the week prior.

Mortgages 448

Mortgages VA loan FHA loan Loans 448

Housing Wire

FEBRUARY 6, 2024

The elevated interest rate environment has brought an old product, the assumable mortgage, back into fashion. Assumable mortgages remain a niche market compared to new mortgage issuance. The fees are typically lower than those of new loans and no appraisal is needed. But these transactions have grown recently.

Mortgages 482

Mortgages VA loan Loans Closing 482

Housing Wire

AUGUST 19, 2021

Delinquency rates for mortgage loans on one-to-four-unit residential properties shrank across the board to 5.47% in the second quarter, according to a Mortgage Bankers Association survey published this week. The post Mortgage delinquencies shrink in Q2 appeared first on HousingWire.

VA loan 459

VA loan Mortgages FHA loan Loans 459

Housing Wire

NOVEMBER 22, 2023

Mortgage applications rose to their highest level in six weeks after the 30-year fixed mortgage rate fell to 7.44% last week. Total home loan applications increased 3% for the week ending Nov. 17 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). last week but remained subdued.

VA loan 488

VA loan FHA loan Mortgages Loans 488

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. In a statement issued on Tuesday, the MBA said that it welcomes this move from the VA. “As

VA loan 523

VA loan Agents Loans MLS 523

Housing Wire

AUGUST 15, 2024

Sky-high home prices and elevated mortgage rates are putting increasing strain on homeowners. That’s the takeaway from two reports released this week showing that foreclosure activity and mortgage delinquencies are rising. Department of Veterans Affairs (VA) loans. higher relative to July 2023.

Mortgages 475

Mortgages VA loan FHA loan Staging 475

Housing Wire

OCTOBER 25, 2023

With mortgage rates still hovering around 8%, mortgage applications decreased 1% for the week ending Oct. 20 compared to the week prior , according to weekly mortgage application data from the Mortgage Bankers Association. The share of Department of Veterans Affairs (VA) loan activity was 10.5%, down from 10.7%

Mortgages 476

Mortgages VA loan FHA loan Loans 476

Housing Wire

MARCH 1, 2021

The 30-year mortgage is easily the most popular and talked-about mortgage product out there. After all, in January 2021, 30-year loans accounted for a whopping three-quarters of all mortgage originations in the country. Are you currently thinking about buying a home or refinancing your existing mortgage?

Mortgages 459

Mortgages VA loan Loans Loan Officer 459

Housing Wire

OCTOBER 18, 2023

As the 30-year fixed mortgage rate increased for the sixth consecutive week to 7.70%, mortgage applications slumped, hitting their lowest level since 1995. Mortgage applications decreased 6.9% 13, compared to the week prior , according to weekly mortgage application data from the MBA. for the week ending Oct. from 14.4%

Mortgages 482

Mortgages VA loan FHA loan Loans 482

Housing Wire

NOVEMBER 15, 2023

Both purchase and refinance applications increased to their highest weekly pace in five weeks after mortgage rates logged the largest decline in a year. Total home loan applications increased 2.8% 10 compared to the previous week , according to weekly data from the Mortgage Bankers Association (MBA). for the week ending Nov.

VA loan 468

VA loan FHA loan Mortgages Loans 468

Housing Wire

NOVEMBER 7, 2024

In second-quarter 2024, high home prices and soaring mortgage rates caused more homeowners to struggle with their loan payments. But data shows a slight recovery as mortgage delinquencies fell in the third quarter. That silver lining comes from the Mortgage Bankers Association (MBA)’s National Delinquency Survey.

VA loan 370

VA loan FHA loan Mortgages Loans 370

Housing Wire

NOVEMBER 29, 2023

Lower mortgage rates have brought increased mortgage demand. Total home loan applications increased 0.3% 24 compared to the previous week , according to data from the Mortgage Bankers Association (MBA). Mortgage rates for the 30-year fixed loan averaged 7.29% as of Nov. for the week ending Nov.

Mortgages 459

Mortgages VA loan FHA loan Loans 459