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News Headlines - mortgage sales

Huffington Post Canada

Slower Home Sales Don't Stop Canadian Mortgages From Booming
Huffington Post Canada
Given the size of the Toronto market, the slowdown has had an impact on Canadian averages for both sales and prices. TransUnion researsh director Matt Fabian says consumers have so far been able to manage their debt obligations despite the increasing ...
Fewer, smaller mortgages seen in Vancouver after cooling measures enactedThe Globe and Mail
Housing Prices Drive Mortgage Debt Levels Higher; Delinquencies near LowsStockhouse

all 8 news articles »

Financial Reporter

Mortgage sales plummet by 10.8% in July
Financial Reporter
UK mortgage sales decreased by £1.8 billion in July, down 10.8% on the previous month, according to Equifax Touchstone analysis. Buy-to-let figures were resistant to the general decline, down by just 0.2% (£3.9 million) to £2.6 billion, while ...

and more »

Mortgage Professional America

Housing inventory slump dampens mortgage originations
Mortgage Professional America
Freddie Mac expects $172 billion less in mortgage originations if the current pace of cash sales continues.

and more »

NerdWallet (blog)

Mortgage Rates Tuesday, Aug. 15: Higher on Rallying Retail Sales
NerdWallet (blog)
Mortgage rates for 30-year and 15-year fixed home loans, as well as 5/1 ARMs, rose today, according to a NerdWallet survey of daily mortgage rates published by national lenders Tuesday morning. The bond market is responding to a better-than-expected ...

and more »

Los Angeles Times

Jay-Z and Beyoncé land a $52.8-million mortgage for Bel-Air mansion
Los Angeles Times
Jay-Z and Beyoncé may be worth more than a billion dollars combined, but the couple ultimately used conventional financing in order to purchase their first Los ...
Jay-Z and Beyoncé's LA mansion purchase is a done deal, sources sayLos Angeles Times
Sexes of Beyonce and Jay Z's Twins Reportedly RevealedEntertainment Tonight

all 45 news articles »

Milwaukee Journal Sentinel

Kenosha County housing prices are rising significantly.
Kenosha News
While the summer months traditionally are the best months for housing sales, Clark noted that this year might be cooler — not because there are no willing buyers, but because it's become harder to find a suitable house. Current 30-year fixed mortgage ...
Short supply of Wisconsin homes blunts sales, pushes up pricesMilwaukee Journal Sentinel

all 7 news articles »

Dayton Business Journal

Another week, another drop in US mortgage rates
Dayton Business Journal
A year ago, mortgage rates stood at 3.43 percent. Low mortgage rates have helped propel U.S. home sales and the refinance market. “Following a mild decline last week, the 10-year Treasury yield rose 1 basis point this week,” said Sean Becketti, chief ...

and more »

Mortgage rates today, August 22, plus lock recommendations
The Mortgage Reports (blog)
Wednesday: New Home Sales for July: An increase over the previous month's 610,000 would be bad for mortgage rates. Thursday: Weekly Jobless Claims: Expected number of claims is 232,000. More would be good for rates, and fewer would be bad.

New Home Purchase Mortgage Applications in US Increase 5.1 Percent Annually
World Property Journal
The MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 562,000 units in July 2017, based on data from the BAS. The new home sales estimate is derived using mortgage application information from the BAS, ...

The Mortgage Reports (blog)

Does a low down payment make your offer weaker?
The Mortgage Reports (blog)
... has a similar requirement for its HomeReady® program. Traditionally, of course, FHA loans have been available with 3.5 percent down, VA financing requires no money up front, and borrowers who finance with conventional loans backed by private ...

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