Fannie Mae declares support for DACA mortgage borrowers

While it appears that the Federal Housing Administration may not be backing mortgages for Deferred Action for Childhood Arrivals recipients, Fannie Mae declared recently that it supports (and will continue to support) mortgages for DACA recipients, also called Dreamers. In recent weeks, HousingWire has been investigating whether the federal government is backing mortgages for Dreamers. In the wake […]

Lower mortgage rates push more borrowers to refinance, as Harvey mucks up the data

Total mortgage application volume increased 3.3 percent, from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted report. Volume remains 23 percent lower than the same week one year ago, when rates were even lower. After pulling back for the last few weeks, more homeowners applied for a […]

Mortgage rates drop to lowest since election, but borrowers barely budge

The lowest mortgage interest rates since November did little to encourage people to refinance their home loans or take out a new loan to buy a home. Total mortgage application volume rose just 0.1 percent, seasonally adjusted, last week from the previous week, according to the Mortgage Bankers Association. Volume […]

DHFL Trims Lending rate to nine.55% for brand spanking new borrowers

Mumbai: mortgage lender DHFL on Wednesday joined the price reduce struggle with bigger competitorsby means of slashing its lending fee to nine.fifty five in step with cent to new borrowers for aconstrained duration. The metropolis–based totally pure-play mortgage lender reduced its retail high lending price by using0.20 according to cent […]