Posted To: Pipeline Press Accenture Credit Services announced that, “Low interest rates, less competition, more regulation and tighter credit standards have pushed the time it takes the biggest mortgage lenders to refinance a mortgage loan from 45 days a year ago to more than 70 days now.” Underwriters, who in the past could underwrite 6-8 [...]
Posts Tagged ‘Rates’
Huh? The CFPB already has how many employees? And LO’s wonder, “Could mortgage rates really go lower?”
May 17th, 2012 
admin 
Mortgage Rates Steady At All-Time Lows Thanks To Europe And The Fed
May 16th, 2012 admin Posted To: Mortgage Rate Watch Mortgage Rates are steady to slightly improved today following as Europe’s fiscal woes continue providing downward pressure on US interest rates. The forces at work keeping rates low were joined today by “minutes” from the most recent FOMC meeting. All told, several notable lenders are offering their all-time lowest interest [...]
Stats Point to a Decent Housing Market; Nationstar and ResCap; Europe Continues to Move Rates
May 16th, 2012 admin Posted To: Pipeline Press Obama played golf with Joe Biden last weekend. They were kicked off the course because every time Obama yelled “Fore”, Biden screamed – “More Years!” But the mortgage industry is more concerned with another Biden: Joe’s son Beau, who is Delaware’s Attorney General. Officials wonder why banks aren’t excited about residential [...]
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Tags: continues, Decent, Europe, Housing, market, Move, Nationstar, Point, Rates, ResCap, Stats 
No Comments »Mortgage Applications Increasing as Mortgage Rates Fall Again
May 16th, 2012 admin ith the Euro-zone back in the news, it was inevitable that mortgage rates would fall again. Investors have become quite uncertain about austerity measures in Europe, especially with Greece, where opposition continues to grow. Here in the U.S., the Mortgage Banker’s Association reported that mortgage applications increased 1.7% on a seasonally adjusted basis for the [...]
Mortgage Rates Hold Steady At All Time Lows
May 15th, 2012 admin Posted To: Mortgage Rate Watch Mortgage Rates paused their recent trend of moderate improvement today to hold steady near all-time lows. Despite an abundance of domestic economic data out this morning, r ates continue to be indirectly fueled by political and economic turmoil in the Euro-zone. After failing to form a new government, Greece today [...]
