Weekly mortgage applications sink 4.9% as homebuyers pull back

Mortgage apps drop despite rate drop  21 Hours Ago | 01:13 Something spooked homebuyers last week, and it wasn’t interest rates, because they fell. Even refinancers retrenched. Total mortgage application volume dropped 4.9 percent from the previous week, according to the Mortgage Bankers Association. Applications are now 8 percent lower than […]

Biz2Credit: Institutional Lenders Bounce Back after April Drop

Approval at institutional lenders and at big banks ($10 billion+ in assets) increased in May. Meanwhile, credit unions, small banks and alternative lenders recorded a drop in their approval rates. Those were the findings of Biz2Credit, the online resource for small business finance, in their monthly lending index released this month. […]

Small Business Lending at Big Banks Bounces Back, Says Biz2Credit

Things are beginning to look up for small businesses again. After seeing a sharp decline in loan approvals from big banks in July, approval rates have bounced back in August 2016. That’s according to the latest Biz2Credit Small Business Lending Index, the monthly analysis of more than 1,000 small business […]