Black Homebuyers More Likely to be Denied Mortgages, Report Finds
Racial disparities in homeownership are partially contributed to by the mortgage industry, according to a new report from LendingTree. LendingTree’s new report took a look at the 2022 Home Mortgage Disclosure Act (HMDA) data, and found that the share of Black...
Mortgage Delinquencies Drop Back Down to Historic Low
For the month of May, 2.6% of all mortgages in the U.S. were in some stage of delinquency, a 0.1 percentage point decrease compared to last month and a 0.2 percentage point decrease compared to last year, according to new data from CoreLogic. This is a historic low...
Mortgage Rates Rise This Week
The 30-year fixed-rate mortgage (FRM) increased from last week’s average of 6.78% to an average of 6.81% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage...
Mortgage Applications Decrease This Week
After two weeks of increases, mortgage applications saw a decrease this week, following sustained higher mortgage rates last week–dropping 1.8% from an increase of 1.1% the previous week. This is according to the latest Weekly Mortgage Applications Survey from the...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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