Browsing Tag:remain

reverse-mortgage-refinances-stay-close-to-50-of-quantity-in-august
According to the latest HECM Endorsement Analytics report released by New View Advisors late last week, Home Equity Conversion Mortgage (HECM) refinances in HECM remained at nearly 50% of the total reverse mortgage industry endorsement volume in September 2021."4,326 HECM loans were approved in September and recovered after the last month to the average pace of the past year...
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mortgage-charges-stay-unchanged-the-spokesman-evaluate
McLEAN, Virginia. Average long-term mortgage rate was unchanged from last week as the economy continues to show encouraging signs, even as hospital admissions continue to rise due to the delta variant of the coronavirus.Mortgage buyer Freddie Mac said Thursday that the average interest rate on a 30-year mortgage is 2.87% as home demand has remained stable.The key interest rate,...
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wintrust-enterprise-lunch-8-2-21-mortgage-charges-stay-close-to-an-all-time-low-1-out-of-each-169-american-staff-is-an-amazon-worker-and-what-the-purchase-now-pay-later-developme
Posted: 08/02/2021 / 5:20 PM CDT / Updated: 08/02/2021 / 5:20 p.m. CDT ROBBINSVILLE, NJ - AUGUST 2: Amazon employees assist job seekers with registration during a job fair at the Amazon Fulfillment Center on August 2, 2017 in Robbinsville, New Jersey. The American trading company is organizing “Amazon Jobs Day” with job fairs across the country in order...
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reverse-mortgages-improved-however-points-stay-says-fha
While Federal Housing AdministrationHome Equity Conversion Mortgage Program has improved, there are still some key areas of concern. So says Julienne Joseph, the FHA's assistant assistant secretary for single-family homes, who this week shared her perspective on the area with an audience of reverse mortgage loan professionals. Joseph comes into her new role with a useful background -...
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rising-senior-residence-fairness-and-reverse-mortgage-quantity-stay-far-aside
According to a recent breakdown by the National Reverse Mortgage Lenders Association (NRMLA) and data analytics firm RiskSpan, homeowners aged 62 and older saw their shared home ownership increase by 3% in the fourth quarter of 2020 compared to the previous quarter. According to the Reverse Mortgage Market Index (RMMI), that's an increase of around $ 234 billion...
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might-flowers-for-reverse-mortgage-quantity-securities-issuance-whereas-refis-stay-excessive
In May, Home Equity Conversion Mortgage (HECM) approvals rose 3.9% to 4,350 loans. It's another month of over 4,000 loans, a notable increase from the very slight decline in volume in April. HECM volume declined in the final months of 2020 leading up to December, according to Reverse Market Insight (RMI) data.In addition, new Home Equity Conversion...
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housing-stock-mortgage-charges-stay-low-in-hopkins-county-native-information
Low inventory levels combined with low mortgage rates created what some are calling a historic moment in the Hopkins County real estate market.Across the country, new home sales rose 20.7% in March, their highest level since 2006. This was a recovery from the fall in February when severe winter storms hit many parts of the country."It was historic," said...
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mortgage-charges-stay-regular-30-yr-mortgage-edges-up-3-18-enterprise
Mortgage rates were practically unchanged this week, but signs suggest that higher prices and low inventory levels are constraining the property market.Mortgage buyer Freddie Mac reported Thursday that the prime rate on 30-year loans was 3.18% this week, up from 3.17% last week. A year ago the rate was 3.33%.The 15-year loan, popular with those looking to refinance...
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