Browsing Tag:Purchases

greater-charges-fewer-refis-extra-purchases
Key highlights from this report:A new mortgage forecast suggested we could see higher rates in 2022.The MBA forecast that 30-year lending rates could reach 4% by the end of 2022.You expect this to result in a significant decline in mortgage refinancing.Surprisingly, the group forecast an increase in purchase credits for the next year.On October 17th, the Mortgage Bankers Association...
Continue reading
0 Comments
Share
funding-agency-happy-with-high-reverse-mortgage-lender-signifies-attainable-future-purchases
Mortgage investment firm Ellington Financial LLC (NYSE: EFC) released earnings results for its 2nd investment portfolio. This means for the company the potential continued strength of the reverse mortgage product category as more seniors consider new ways to increase cash flow in retirement, and one executive also pointed out the possibility of additional Longbridge assets in the future...
Continue reading
0 Comments
Share