Tag Archives: refis

ATTOM's latest Residential Property Mortgage Origination Report showed purchase lending led the way in Q2, spiking nearly 30%, while overall refinance and home equity activity also rose after eight straight quarterly declines.

Nationwide, the average payment on a new mortgage is now $2,317 a month, according to a report from LendingTree, with monthly mortgage payments the most expensive in Hawaii, California, and Massachusetts.

The FHFA's foreclosure analysis for July 2022 revealed the total number of loans in forbearance is trending downward from its peak in May, with nearly 85,000 loans in forbearance nationwide, while total refinance volume and mortgage rates also decreased in the same month.

American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to a new report from Anytime Estimate. First-timers paid a median of $77,500 over ...

Eleven Senators call upon HUD and CFPB after a report suggested that Black and Hispanic borrowers were less likely to be approved for refis.

A recent report found that cash out refi loans at a higher risk of default than purchase loans. Click through to learn what’s causing refinance loans to have a higher stressed default rate.

According to new analysis of GSE loan performance data, refinances may be, in large part, to blame for the housing crisis. An uptick in “using homes as ATMs” lead to sloppier underwriting and an uptick in defaults on refis leading up to the collapse. Refis were significantly more likely to be seriously delinquent than purchase loans during this time.