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Home refinancing at lowest rate than at any time in the past 16 years

With interest rates rising quickly, fewer Chicago-area homeowners are refinancing their mortgage than at any time in at least the past 16 years, according to a report released this week. The number of ... read more

Nine Innings: After Years of Struggles, the Mets Are Investigating Their Offensive Futility at Citi Field

But, no. When they play at home, The Mystery of Flushing drags that average down 43 points to .262—making them the worst such hitting team in baseball, and the second worst in the past 27 years ... lo... read more

Baby boomers are struggling to downsize and it could create the next housing crisis

The VA offers cash-out refinancing, typically with no down payment requirement, to pay for home ... low of 3.41 percent in July 2016, according to historical data from Freddie Mac. As of Aug. 30, 2018 ... read more

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The Daily 202: Trump’s FBI attacks laid groundwork for GOP to reject probe of Kavanaugh sexual assault allegation

For the more than ten years I’ve known him ... even though studies show that the rate of false accusations is incredibly low (around 2-6%). Take this year’s case against former USA Gymnastics national ... read more


Wells Fargo & Company (WFC) Presents at Barclays 2018 Global Financial Services Conference (Transcript)

Finally, our junior lien mortgage portfolio is declining as we have a relatively large legacy portfolio that continues to run off at a faster rate than ... to three years. In the past, our ... read more

We're taking out fewer mortgages than at any time in the past 16 years

Interest rates have been rising quickly but Chicago-area home values haven't, and the result is that Chicagoans are taking out fewer mortgages than at any time in at least ... only big city at a low t... read more

Refinance Applications Near 18-Year Low

The unadjusted Purchase Index decreased 3 percent compared with the previous week but remained 3 percent higher than the same week in 2017. Refinance activity hit a near 18-year low ... indexes is Mar... read more

Housing by the numbers: Something is weird

Mortgage rates are rising, up pretty significantly in just the past two weeks ... the continued low interest rate environment and increased certainty in labor markets." The home ownership rate now sta... read more

10 Real Estate Trends to Watch in 2017

If home ... rates. 3. It’s getting easier to get a mortgage. It’s easier to get a mortgage now than at any time in the past eight years, according to the Mortgage Credit Availability Index. That refle... read more

Australia's investor loans hit lowest point in five years

The value of investor loans, which has hit its lowest point in half ... to see “slowing in lending and refinancing behavior,” St John said that in the face of three of the four major mortgage lenders ... read more

Why mortgage rates are NOT going up now, but...

The current rate on a 30-year mortgage is 3.97%. That's incredibly low by historical standards. Most experts don't think mortgages will go much higher than 4% anytime soon ... be much difference betwe... read more

Black Knight: Home Price Increases are Slowing; Affordability Stabilizes

While prices are still rising, the company says its Home ... than .5 percent over the past 12 months and nearly .75 percent over the past two years. This has pushed the average post-reset ARM interest ... read more



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