Higher mortgage rates in September led lenders to loosen credit conditions, although trends are still historically tight, the Mortgage Bankers Association reported. Its Mortgage Credit Availability Index rose by 0.6% in September to 97.2, from 96.6 in August and 102.5 ...
January’s continued decrease mortgage charges translated to decidedly greater month-to-month lock exercise throughout all three major causes for taking out a mortgage, together with each cash-out and fee and time period refinacings, Optimum Blue reported. General, fee locks elevated 36% ...
Mortgage rates continued their rise, even with uncertainty around world events impacting bond prices, Freddie Mac said. Even though yields on the 10-year Treasury did back down from a high of 4.89% last Friday, prior to Hamas’ attack on Israel, ...