Mortgage rate lock volume remained flat in October amid headwinds
Affordability headwinds continued in the mortgage industry with mortgage rate lock volume remaining virtually flat in October. Both purchase and refinance volumes continued...
Mortgage applications sink to 1995 levels as rates soar
As the 30-year fixed mortgage rate increased for the sixth consecutive week to 7.70%, mortgage applications slumped, hitting their lowest level since 1995....
Class Valuation acquires AMC Valuation Connect
Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect, formerly a subsidiary of...
Mortgage applications tick down amid elevated mortgage rates: MBA
Mortgage applications fell for the third week in a row as mortgage rates surged toward 8%.
For the week ending Oct. 27, total home...
Hackers accessed data of 1.3M customers in Fidelity cyberattack
Mortgage subservicer Loancare informed authorities that the data of about 1.3 million customers was compromised following a cyberattack in November on its parent...
6% mortgage rates are back (for select borrowers)
“We see a little bit of pickup but not like you normally would because of seasonality,” Overfelt added.
If rates continue to drop, some...
