mortgage rate

September 26, 2019

Mortgage Credit Tightens Despite Strong Demand

Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI).  Mortgage credit tightened despite falling interest rates and a strong uptick in […]
August 20, 2019

U.S. Homeownership Tenure Reaches Record High

American homeowners are staying put longer than ever before, with the average tenure reaching a record high of 8.09 years in the second quarter of 2019. […]
June 4, 2019

Mortgage Application Fraud Risk Declines

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications during April decreased by 4.2% from March, according to new data […]
May 1, 2019

Home Vacancy Rates are Back to the 90s

Home vacancy data released by the Census Bureau, shows that we’re back to the 90s.  The rate of vacant homes dropped to 1.4%, the lowest level […]
March 5, 2019

Mortgage Fraud Risk Jumps 4.6%

In January, declining mortgage rates mixed with higher loan applications led to more risk of fraud and other errors in the home loan applications, according to […]
February 5, 2019

Mortgage Defect Risk Rises to 4-Year Peak

In December, defect risk continued to rise across the country, according to the latest First American Loan Application Defect Index. According to the report, the frequency […]
January 4, 2019

HELOC Volume Down 11% from 2017

After soaring to a near 10-year high, HELOC originations took an unexpected tumble in the third quarter, falling 14% from the previous quarter and 11% from […]
October 29, 2018

American Homeowners are Staying Put

Housing-market headwinds are keeping American homeowners in their properties for the longest stretches on record.  This is a sharp contrast to the mobility Americans have for […]
August 13, 2018

Mortgage Default Risk Climbs Steadily

The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore.  With mortgage rates trending […]