REITs Gain as Mortgage Applications Rise in the US
In the US (IVV), mortgage applications for purchases and refinances increased by 0.4% for the week ended April 3, compared to the previous week.
In the US (IVV), mortgage applications for purchases and refinances increased by 0.4% for the week ended April 3, compared to the previous week.
The 30-year fixed-rate average declined from 3.70 last week to 3.66, its lowest level since the first half of Feb 2015.
First Financial seems to be on an acquisition spree. The company has announced an asset purchase agreement with 4Trust Mortgage for $1.9 million in cash.
Rates on home loans fell heading into the spring home-buying season.
A proposed State-backed mortgage solution that would see county councils pay a portion of a borrower’s repayments directly to the lender has been described as “manifestly unthought out”.
Loan applications to purchase a home rose for the third straight week, but lower interest rates were not enough to spur mortgage refinances.
Loan applications to purchase a home rose for the third straight week, but lower interest rates were not enough to spur mortgage refinances.
Fitch Ratings has issued a presale report on WFCG Commercial Mortgage Trust series 2015-BXRP
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $17 million Fannie Mae loan facility to refinance a multifamily property located in Fremont, California.
Interest rates are hovering around historic lows, but are there enough homes to buy?