Mortgage rates have increased following upbeat economic news and rate hike talk from the Federal Reserve, according to a recent survey.
A Louisiana Marine Corps veteran received a special gift this month, as he was among 16 veterans nationwide to be gifted a service dog free of charge.
Veterans United Home Loans reports that the volume of mortgages backed by the Department of Veterans Affairs (VA) reached a new high in the fiscal year 2021, with particular growth among younger borrowers.
Despite its record-breaking prices and fierce bidding wars, the current housing boom has challenged even the most wealthy buyers.
Caliber Home Loans has joined the Green Beret Foundation as a new corporate partner.
The Green Beret Foundation recently announced that Caliber Home Loans has joined their corporate partnership program.
Prospective homebuyers may be discouraged from buying a home if they do not have the money for a down payment, but military veterans can use VA loans to avoid putting money down.
Despite higher rates, mortgage applications increased 1.8% for the week ending Nov. 19, according to a survey released Nov. 24 by the Mortgage Bankers Association (MBA).
Government-sponsored enterprises (GSEs) include Fannie Mae and Freddie Mac, and these companies have an essential role in the housing market. They buy mortgage loans from private lenders and then sell them to investors. Mortgage loan securities are then sold again on a secondary market.
According to a survey published by the Mortgage Bankers Association (MBA) on Nov. 17, refinance mortgage loan applications declined 31% over the past year during the week ending November 12. Refinancing applications decreased by 5% from the previous week.
On Nov. 11, Nextdoor, the neighborhood network, announced a partnership with Veterans United Home Loans, the nation's largest Department of Veterans Affairs (VA) purchase lender, to support military communities across the country by helping them attain VA home loans.
The third quarter of 2021 brought about mortgage loan delinquencies on one-to-four-unit residential properties down to 4.88 percent, according to the Mortgage Bankers Association's National Delinquency Survey.