Weekly mortgage demand jumps again as interest rates fall just below 7%
Mortgage demand surged higher for the second straight week, after the average rate on the 30-year fixed dropped below 7%. U.S. News
Tag: mortgage
Lawsuit against Gaylon Lawrence-owned mortgage company to be heard next week
Former Guaranty Home Mortgage Corp. CEO Brett Arsta is embroiled in lawsuits with his former employer, which is owned by billionaire Gaylon Lawrence Jr. Arsta alleges he was wrongfully terminated and denied money he is…
Angelo Mozilo, Whose Mortgage Giant Fell in Housing Bust, Dies at 84
He built Countrywide Financial into the country’s largest mortgage lender, but its increasingly risky loans helped precipitate the 2008 financial crisis. NYT > Obituaries
Priced out of Nashville: Where mortgage payments are growing fastest across Middle Tennessee
See where mortgage payments are growing the fastest in Middle Tennessee, and how that’s impacting local migration patterns and recruiting across the region. Nashville Business News – Local Nashville News | The Nashville Business Journal
Surging interest rates push mortgage demand down more than 40% from a year ago
Fast-rising mortgage rates are cutting demand for home loans drastically. U.S. News
Borrowers rush to refinance, as mortgage rates drop for a second week
Mortgage rates are now at the lowest level in nearly two months, and refinance demand is coming back. U.S. News
Weekly mortgage applications drop 9% as refinances pull back
The combination of a holiday week and a stagnant mortgage rate environment kept borrowers away from their lenders last week. U.S. News