The downward movement in mortgage rates over the past few months accelerated last week as a cooler-than-expected jobs report and indications of a Federal Reserve rate cut led to a steep drop in loan pricing.
Search Results for: 2024
13 Results found for 2024
The V.A. issued guidance to strongly encourage servicers to extend the moratorium while they implement a program to help struggling veterans.
Economists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination volume and MBS market forecasts.
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services.
Even if mortgage rates dropped to 4%, the median monthly payment would still be 44% above pre-pandemic levels, said Kevin Barker of Piper Sandler.
About 47% of mortgage pros said they anticipate purchase volume going up in the next three months in their respective markets.
HousingWire tracked 62 mergers, acquisitions, exits and bankruptcies covered by the newsroom in 2023. Analysts foresee more next year.
HousingWire spoke to housing market analysts to understand the challenges and opportunities for mortgage lenders in 2024.
Housing market cheers as rate cuts are on the horizon for 2024. Industry players expect a busier market as mortgage rates fall.
The increase in conforming and FHA loan limits will help certain homebuyers, but will it move the needle enough on affordability challenges?
In 2024, FICO will charge one price – higher than the current price – to all mortgage lenders. It is moving away from the tier-based structure it implemented in early 2023.
The baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac in 2024 will be $766,550.