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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Homes Millbrae Pages
Tag Archives: Mortgage Applications
Higher mortgage rates may mean easier credit
(Read more: Mortgage delinquencies suddenly spike) It is likely no coincidence that standards are easing as rates rise and mortgage applications fall. Total mortgage applications were down 47 percent last week from a year ago. Refinances, which had been the … Continue reading
Posted in Real Estate News
Tagged Borrowers, Bread And Butter, Ceo, Cnbc, Coincidence, Crash, Credit Scores, Eagerness, Fha Mortgage, Government Mortgage, homes millbrae, Insurance Premiums, Interest Rates, Lenders, Mortgage Applications, Mortgage Bankers Association, Mortgage Delinquencies, Mortgage Insurer, Mortgage Rates, Refinances, Squawk Box
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Rising Mortgage Rates Cause ‘Rush to ARMs’
“Mortgage rates increased by the most in a single week since 2011, and refinance application volume dropped to its lowest level in almost two years. However, applications for conventional purchase loans picked up by more than 3 percent over the … Continue reading
Posted in Real Estate News
Tagged Application Volume, Banks, Buyer Demand, California Coast, Consumers, Cop, Depression, homes millbrae, Interest Rates, Job, Mba, Mortgage Applications, Mortgage Payment, Mortgage Rate, Mortgage Rates, Oceanside, Purchase Loans, Race Against Time, Rates Mortgage, Rental Apartment, Rush
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Homes Selling at Fastest Pace Since Boom
While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading
Posted in Real Estate News
Tagged 3 Years, Boom, Cnbc, Diana Olick, Distressed Properties, Facebook, First Time Home, First Time Home Buyers, Foreclosure, homes millbrae, Homes To Buy, Interest Rates, Mortgage Applications, Mortgage Rates, Nar, Pace, Price Gains, Processing Services, Realtors, Time Home Buyers, Wage Growth
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Why Rising Rates Are Rattling the Mortgage Market
“Underlying interest rates are moving higher, dragging mortgage rates along with them,” said Keith Gumbinger, vice president of HSH.com, a data and analytics site. “This has come as the result of somewhat better conditions in the labor market, helping investors … Continue reading
Why Rising Rates are Rattling the Mortgage Market
“Underlying interest rates are moving higher, dragging mortgage rates along with them,” said Keith Gumbinger, vice president of HSH.com, a data and analytics site. “This has come as the result of somewhat better conditions in the labor market, helping investors … Continue reading