Mortgage Estimator
Dream the Dream, Live the Reality

Here are some mortgage tools you may want to play with to see how purchase prices, down payments, rates, taxes, homeowners insurance, and mortgage insurance can affect your potential monthly payment.

These tools are maintained by third parties and are provided here for your convenience only. SpinOne Group is not responsible for the accuracy of these tools. Your  LENDER is your BEST source for the values that will be associated with YOUR LOAN.

Mortgage Estimator

This is an estimator, please work with your Lender to determine your actual values!

Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
0.0%
Enter a value
Term in years
Number of years you have to pay.
years
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
%
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment


$

Principal & Interest
$
Home insurance
$
Property taxes
$
PMI
$
30 Year Fixed Rates Over Time

chart

Current Rates
 

  • MBS RECAP: Is It Over?
    Posted To: MBS CommentaryThe titular question could be taken two ways . Is the selling pressure in bonds over? Is the "low rate environment" that's been in effect since mid-2011 over? The answers, in order are "probably not" and "for now." To be fair to the "low rate environment," that's ... read more
    Source: Mortgage News DailyPublished on 2018-09-19By Matthew Graham
    16 hours ago
  • Mortgage Rates Knocking on 5% Ceiling
    Posted To: Mortgage Rate WatchMortgage rates are in bad shape . At some point in the past 3 days (depends on the lender), top tier 30yr fixed rate offerings hit their highest level in 5 years, then 7 years. For the first time since 2011, the most prevalent top tier ... read more
    Source: Mortgage News DailyPublished on 2018-09-19By Matthew Graham
    17 hours ago
  • Home Starts Improve, but There’s a Catch
    Posted To: MND NewsWireBoth permits and starts were expected to pick up in August, at least holding on to their slight gains in July. Housing starts did deliver, posting a strong increase, but permits, a leading indicator, were down sharply. The U.S. Census Bureau and Department of Housing and Urban ... read more
    Source: Mortgage News DailyPublished on 2018-09-19By Jann Swanson
    22 hours ago
  • LO Jobs and Resources; Direct Streaming Treasury Trading; What’s Moving Rates?
    Posted To: Pipeline PressI received this question from a well-known lender in Texas. “Rob, our company views loan processors as the unsung heroes of lending. We’re evaluating how ours are paid. Any thoughts?” The STRATMOR Group does quite an industry survey, and its recent data shows that the overwhelming majority ... read more
    Source: Mortgage News DailyPublished on 2018-09-19By Rob Chrisman
    23 hours ago
  • Mortgage Apps Gaining Ground Despite Higher Rates
    Posted To: MND NewsWireLabor Day typically marks the end of summer and the resumption of business as usual. Hopefully it also marked the beginning of a turnaround for mortgage applications, which increased across the board for the first time since mid-June. The Mortgage Bankers Association (MBA) said its Market Composite ... read more
    Source: Mortgage News DailyPublished on 2018-09-19By Jann Swanson
    1 day ago
  • MBS RECAP: Bonds Tank as 2018 Fears Become Real Again
    Posted To: MBS CommentaryRemember early 2018 when the fear was compounded by this list of bad actors? increased Treasury issuance to pay for the revenue shortfall in the new tax bill the upside economic/inflation potential created by the new tax bill A Federal Reserve that was increasingly intent on hiking ... read more
    Source: Mortgage News DailyPublished on 2018-09-18By Matthew Graham
    2 days ago
  • Mortgage Rates Officially Highest in at Least 5 Years
    Posted To: Mortgage Rate WatchMortgage rates edged up to 4-year highs with yesterday's bond market losses and things went from bad to worse today. Bond markets (which underlie and directly affect rates) are under extreme pressure today and have generally had a very bad September. Weakness in bonds equates to ... read more
    Source: Mortgage News DailyPublished on 2018-09-18By Matthew Graham
    2 days ago
  • House-Hungry Millenials Help Keep Builder Confidence Solid
    Posted To: MND NewsWireBuilder confidence in the market for newly-built single-family homes stabilized a bit in September. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has been wobbly in recent months, retained its August reading of 67 in September. The two months are tied at ... read more
    Source: Mortgage News DailyPublished on 2018-09-18By Jann Swanson
    2 days ago
  • MBS Day Ahead: Bonds Adrift on an Angry Sea of Red
    Posted To: MBS CommentaryNot to be confused with the Red Sea, which is an actual place, the sea of red in the title is merely a reference to general bias toward weakness in bond markets for however long you care to look back in time (provided you don't look back ... read more
    Source: Mortgage News DailyPublished on 2018-09-18By Matthew Graham
    2 days ago
  • Broker, Sales Products; Lender and Agency Florence Updates
    Posted To: Pipeline PressTRID 2.0: mandatory compliance on 10/1 is only a few weeks away. Temenos has a primer on it , as does Qualia . The MBA had a piece on it . The NY MBA has a webinar next week. In Michigan the MMLA has a seminar on ... read more
    Source: Mortgage News DailyPublished on 2018-09-18By Rob Chrisman
    2 days ago
  • MBS RECAP: Bonds Battle Back After Hitting Long-Term High Yields
    Posted To: MBS Commentary10yr yields briefly hit their highest levels since May 23rd this morning after one large trade started a snowball sell-off in Treasuries. Before that, modest weakness was already intact. "A snowball sell-off to 4-month highs" sounds a bit more dramatic than the actual scope of weakness. At ... read more
    Source: Mortgage News DailyPublished on 2018-09-17By Matthew Graham
    3 days ago
  • Mortgage Rates Match 7-Year Highs
    Posted To: Mortgage Rate WatchMortgage rates may have had a fairly bad day last Friday, but today was worse . Today officially saw the average lender back at rates not seen since May 17th, 2018. That date might not seem too far away, but at the time, it marked the ... read more
    Source: Mortgage News DailyPublished on 2018-09-17By Matthew Graham
    3 days ago
  • Fannie Thinks Economic Expansion Just Peaked
    Posted To: MND NewsWireThe robust growth in the economy in the second quarter may be the final peak of this expansion according to Fannie Mae's Economic Development Report for September. Initial data indicates the 4.2 percent growth last quarter appears to be moderating to the estimated third quarter gain of ... read more
    Source: Mortgage News DailyPublished on 2018-09-17By Jann Swanson
    3 days ago
  • Downpayments Hit Record Levels
    Posted To: MND NewsWireThere were quite a few recent milestones, high and low, noted in the Quarter 2 Residential Property Loan Origination Report from ATTOM Data Solutions. The report covers the 2.09 million 1 to 4 unit residential loans originated during the quarter, an increase of 15 percent from the ... read more
    Source: Mortgage News DailyPublished on 2018-09-17By Jann Swanson
    3 days ago
  • MBS Week Ahead: Lighter Data This Week as Markets Position for Fed Next Week
    Posted To: MBS CommentarySeptember continues to be an unfriendly month for bonds, marked by an unfriendly trend that has carried yields almost exclusively higher. Some of the weakness can be chalked up to pent up selling demand that was on hold through the end of August, but economic data and ... read more
    Source: Mortgage News DailyPublished on 2018-09-17By Matthew Graham
    3 days ago
  • Notary Product, New Correspondent Lender; Events and Training for September
    Posted To: Pipeline PressGiven plenty of warning, and evacuations, the deaths in the Southeast from Florence have people wondering, “Why do residents stick around?” It is complicated, ranging from stubbornness to not having enough money to buy gasoline, but this NY Times article does a good job summarizing it. Upcoming ... read more
    Source: Mortgage News DailyPublished on 2018-09-17By Rob Chrisman
    3 days ago
  • MBS RECAP: September Trend is Not Your Friend
    Posted To: MBS CommentaryAugust was nice. September is mean... at least if you're a bond. Investors wanted you in August when it was still unclear whether or not Turkey was going to be a big deal for the global financial system, whether the trade war would spiral out of control, ... read more
    Source: Mortgage News DailyPublished on 2018-09-14By Matthew Graham
    6 days ago
  • Mortgage Rates Jump to 4-Month Highs
    Posted To: Mortgage Rate WatchMortgage rates had a bad day. Even after a weaker reading on Retail Sales (something that normally helps), the bond market lost ground. Unfortunately, that's consistent with the rest of the week as investors have largely shunned bonds. Lower demand for bonds = higher rates. Perhaps ... read more
    Source: Mortgage News DailyPublished on 2018-09-14By Matthew Graham
    6 days ago
  • CoreLogic: Hurricane Florence Losses Estimated at $3 to $5B
    Posted To: MND NewsWireEven as Hurricane Florence is pushing unprecedented levels of flood waters into North and South Carolina homes, CoreLogic is issuing estimates regarding the storm's dollar costs. Their analysis shows that insured property losses for both residential and commercial properties will be between $3 and $5 billion. CoreLogic ... read more
    Source: Mortgage News DailyPublished on 2018-09-14By Jann Swanson
    6 days ago
  • Lower Priced Homes Driving New Home Sales
    Posted To: MND NewsWireWhile applications for financing new home purchases declined in August, the Mortgage Bankers Association (MBA) is predicting a bump in the month's new home sales. The MBA's Builder Applications Survey (BAS) data for August show mortgage applications for new home purchases decreased 2.0 percent from applications in ... read more
    Source: Mortgage News DailyPublished on 2018-09-14By Jann Swanson
    6 days ago
  • Trailing Doc, Tax, and Reverse Products; Vendor News; New Lender Programs
    Posted To: Pipeline Press“Rob, the number of vendors at mortgage conferences seems to be growing. Any idea how many vendors (vs. lenders) there are?” I had no idea but turned to Ginger Bell who keeps up with such things. She replied, “We’ve counted more than 1,400 that are specific to ... read more
    Source: Mortgage News DailyPublished on 2018-09-14By Rob Chrisman
    6 days ago
  • MBS Day Ahead: How Did We End Up In This Mess?
    Posted To: MBS CommentaryThe question posed in the title is just a bit too big for us to cover in this humble "day ahead" post, but we can touch on a few key points. I just thought it was a good time to revisit it, given that 10yr yields are ... read more
    Source: Mortgage News DailyPublished on 2018-09-14By Matthew Graham
    6 days ago
  • MBS RECAP: Bonds Refuse to Rally Big After CPI’s Big Miss
    Posted To: MBS CommentaryBond markets were clearly interested in today's Consumer Price Index (CPI) data. It generated a larger single minute of volume than the minute following last Friday's NFP report (the one that caused bonds to tank due to the wage growth component). Given the much weaker reading, it ... read more
    Source: Mortgage News DailyPublished on 2018-09-13By Matthew Graham
    7 days ago
  • Mortgage Rates Slightly Lower
    Posted To: Mortgage Rate WatchMortgage rates fell modestly today, following a weaker-than-expected report on inflation. The Consumer Price Index (CPI) measures the change in prices that consumers pay for various goods. The widely followed "core" reading (which ignores more volatile food and energy prices) fell to an annual pace of ... read more
    Source: Mortgage News DailyPublished on 2018-09-13By Matthew Graham
    7 days ago
  • Mortgage Fraud Risks Rise, Especially Income Fraud
    Posted To: MND NewsWireThe risk of mortgage fraud jumped by 12.4 percent on an annual basis in the second quarter, the seventh consecutive quarter in which it has increased . CoreLogic said its Mortgage Application Fraud Risk Index now puts the rate of fraud at 0.92 percent or one of ... read more
    Source: Mortgage News DailyPublished on 2018-09-13By Jann Swanson
    7 days ago
  • MBS Day Ahead: Weekly Candlestick Chart is Actually Hopeful. Should You Trust It?
    Posted To: MBS CommentaryRight off the bat, with respect to the headline, I'll let you know that the answer is going to be "it depends." More on that in a moment. Bonds are starting the day in stronger territory after a weaker CPI reading and a tame European Central Bank ... read more
    Source: Mortgage News DailyPublished on 2018-09-13By Matthew Graham
    7 days ago
  • Marketing, Bank Statement, HELOC Products; Originator Events; Agency and Lender Disaster Updates
    Posted To: Pipeline Press“Rob, would you happen to have a suggestion as to where I can find information as to the number of HUD loans done on manufactured housing last year, or by month?” Ah, the ol’ Title I activity query. The MBA’s Mr. Michael Fratantoni recommends that anyone needing ... read more
    Source: Mortgage News DailyPublished on 2018-09-13By Rob Chrisman
    7 days ago
  • MBS RECAP: Bonds Consolidate Despite Weak Data and Strong Auction
    Posted To: MBS CommentaryToday brought two events that should theoretically have helped bonds: a much weaker producer level inflation reading (2.4 vs 2.7 forecast for core PPI) this morning, and a fairly strong 10yr Treasury auction in the afternoon. But neither had much of an impact by the end of ... read more
    Source: Mortgage News DailyPublished on 2018-09-12By Matthew Graham
    1 week ago
  • Mortgage Rates Unchanged Despite Market Movement
    Posted To: Mortgage Rate WatchMortgage rates managed to remain unchanged today despite the fact that underlying bond markets were stronger. Stronger bond markets are typically associated with lower rates, but in today's case, markets had some catching up to do. At issue is the timing of yesterday's weakness. Bond markets ... read more
    Source: Mortgage News DailyPublished on 2018-09-12By Matthew Graham
    1 week ago
  • Most Credit Scores Rose After Reporting Changes; Some Fell
    Posted To: MND NewsWireIn the last half of 2017 the three credit bureaus, Equifax, TransUnion, and Experian, agreed to change the way they handle collection accounts. These accounts represent a wide variety of debt - unpaid gym memberships, unpaid traffic tickets, delinquent rent, even unreturned library books. However unpaid medical ... read more
    Source: Mortgage News DailyPublished on 2018-09-12By Jann Swanson
    1 week ago
  • Non-QM and Marketing Products; eSummons Training; Disaster Plans and Reactions
    Posted To: Pipeline PressWe’re always reminded that nature bats last. Every lender that I know of bases their disaster policies directly from FEMA’s declarations or from other companies that base their policies from FEMA. Lenders are reacting – see below. (My cat Myrtle is very concerned that the current forecast ... read more
    Source: Mortgage News DailyPublished on 2018-09-12By Rob Chrisman
    1 week ago
  • Mortgage Apps: Purchases Up, Refis Retreat During Holiday Hampered Week
    Posted To: MND NewsWireMortgage applications for home purchases managed to move higher for the second straight time last week in spite of the usual lag in activity that accompanies a holiday shortened work week. The Mortgage Bankers Association said its Market Composite Index, a measure of application volume, declined 1.8 ... read more
    Source: Mortgage News DailyPublished on 2018-09-12By Jann Swanson
    1 week ago
  • MBS RECAP: Bond Market Preparing For The Worst
    Posted To: MBS CommentaryWith no intent of drawing any parallels to Hurricane Florence, bond markets are battening down their hatches in advance of a perfect storm of data and events. These include economic reports in the coming days (PPI, CPI, Retail Sales), a healthy dose of supply (Treasury auctions and ... read more
    Source: Mortgage News DailyPublished on 2018-09-11By Matthew Graham
    1 week ago
  • Mortgage Rates Holding at Highs, Anxious About Days Ahead
    Posted To: Mortgage Rate WatchMortgage rates held fairly steady this morning, keeping them in line with the highest levels since early August. As the day progressed, underlying bond markets weakened. This implies higher rates tomorrow or, for some lenders, a late day change to today's rate sheet offerings. The changes ... read more
    Source: Mortgage News DailyPublished on 2018-09-11By Matthew Graham
    1 week ago
  • Jumbo Loan Guidelines Tightened in August
    Posted To: MND NewsWireThe Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) moved lower in August due to a decline in its jumbo loan component index. The composite MCAI decreased 0.3 percent to 183.5. A decline in the MCAI indicates that lending standards are tightening, while increases in ... read more
    Source: Mortgage News DailyPublished on 2018-09-11By Jann Swanson
    1 week ago
  • More Competition and Less Demand? Lender Margins Looking Dismal
    Posted To: MND NewsWireMortgage lenders appear to be holding credit standards stable despite increasing competition and declining demand and profit expectations. Fannie Mae's third quarter Mortgage Lender Sentiment Survey found an increasing number of respondents reporting a net negative profit margin outlook, the eighth consecutive quarter they have done so. ... read more
    Source: Mortgage News DailyPublished on 2018-09-11By Jann Swanson
    1 week ago
  • MBS Day Ahead: Bonds Not Afraid of More Weakness
    Posted To: MBS CommentaryOvernight weakness in bonds sets us up to test some more serious boundaries today. As seen in the chart below (the same chart we've been watching for the last few weeks), yields have now risen to the bleeding edge of the consolidation range (upper yellow line). As ... read more
    Source: Mortgage News DailyPublished on 2018-09-11By Matthew Graham
    1 week ago
  • Warehouse Product; Servicing Sale; Residential Co. Moves; Conventional/Conforming News
    Posted To: MND NewsWire“Rob, although the initial commotion about Amazon entering the mortgage biz has died down, my management team believes it is still a threat. We have heard, however, that plenty of resi companies use Amazon’s servers to host their sites. Is this true?” “Plenty” is a little vague. ... read more
    Source: Mortgage News DailyPublished on 2018-09-11By Rob Chrisman
    1 week ago
  • MBS RECAP: Bonds Take Breather After Volatile Friday
    Posted To: MBS CommentaryPerhaps traders were tired? Perhaps they are still on high alert but just haven't gotten to the week's more meaningful events yet? Either way, there was effectively no drama for bonds today. This is both good and bad. On a positive note, it was nice to come ... read more
    Source: Mortgage News DailyPublished on 2018-09-10By Matthew Graham
    1 week ago
  • Mortgage Rates Highest in Over a Month
    Posted To: Mortgage Rate WatchMortgage rates were slightly higher today, depending on the lender . Many lenders ended up raising rates last Friday afternoon as underlying bond markets weakened. The remaining lenders had more distance to cover in terms of getting caught up with market movements. The average lender is ... read more
    Source: Mortgage News DailyPublished on 2018-09-10By Matthew Graham
    1 week ago
  • Eye on Housing: Labor and Wage Demands Push Home Prices Higher
    Posted To: MND NewsWireLast week we summarized a report from the National Association of Home Builders on the acute labor shortages builders are indicating in responses to the NAHB/Wells Fargo monthly Housing Market Index survey. The July version asked a set of special questions about the availability of both employed ... read more
    Source: Mortgage News DailyPublished on 2018-09-10By Jann Swanson
    1 week ago
  • MBS Day Ahead: Another Storm to Weather as Bonds Face More Econ Data
    Posted To: MBS CommentaryBonds/rates are in the process of defending their castle. Their way of life inside those walls could be thought of as the general maintenance of a long-term ceiling near 3.0%. On several occasions, invaders have broken the outer perimeter and attempted to overrun the castle. It was ... read more
    Source: Mortgage News DailyPublished on 2018-09-10By Matthew Graham
    1 week ago
  • Billions in Modified Pre-Crash Loans Continue to Perform
    Posted To: MND NewsWireWhether due to lessons learned from the foreclosure crisis, an improved economy, or a combination of these and other factors, Black Knight, in its current Mortgage Monitor , shows that foreclosure prevention measures can work . The company says that the reperforming loan (RPL) market now has ... read more
    Source: Mortgage News DailyPublished on 2018-09-10By Jann Swanson
    1 week ago
  • App Product; Training and Events; Fed Officials Weigh in on Rates
    Posted To: Pipeline PressYou’d be hard-pressed to find someone who hasn’t slept in a car at least once in their life. Whether it is having too much to drink, weary during a road trip, rain during a camping trip, on their way to a golf tournament, whatever. Even wealthy cities ... read more
    Source: Mortgage News DailyPublished on 2018-09-10By Rob Chrisman
    1 week ago
  • MBS RECAP: Wage Growth Breakout Prompts Bond Yield Breakout
    Posted To: MBS CommentaryToday's bond market wrap is as simple as the headline. Average hourly earnings or AHE is occasionally responsible for some impressive moves in bonds. Today was one of those days. Part of the problem was that there wasn't really any weakness in the payrolls number to offset ... read more
    Source: Mortgage News DailyPublished on 2018-09-07By Matthew Graham
    2 weeks ago
  • Mortgage Rates Back at Recent Highs After Jobs Report
    Posted To: Mortgage Rate WatchMortgage rates rose moderately today (depending on the lender). It was enough to bring them back to the highest levels since early August. Additionally, we can expect them to be slightly higher on Monday unless underlying bond markets improve in Asia and Europe. Reason being: there ... read more
    Source: Mortgage News DailyPublished on 2018-09-07By Matthew Graham
    2 weeks ago
  • Increasingly Dire Labor Shortages in Builder Trades
    Posted To: MND NewsWireNearly all of America's home builders say they are facing significant shortages of skilled labor , both in the form of direct labor and as subcontractors. The lack of all types of carpenters is especially critical. The National Association of Home Builders (NAHB) included a set of ... read more
    Source: Mortgage News DailyPublished on 2018-09-07By Jann Swanson
    2 weeks ago
  • Employment Sentiment Buoys Consumer Sentiment Results
    Posted To: MND NewsWireConsumers appear to be increasingly upbeat about their jobs and their income, but dramatically less so about getting involved in the real estate market. After two months of depressed results, Fannie Mae’s Home Purchase Sentiment Index (HPSI) gathered some oomph, rising 1.5 points to 88.0. The Index, ... read more
    Source: Mortgage News DailyPublished on 2018-09-07By Jann Swanson
    2 weeks ago
  • Non-QM, Investment Property Products; ARM News; Tax and Fee Trends
    Posted To: Pipeline PressSome are fond of saying, “Zillow’s never set foot in a house.” But the company is a force to be reckoned with, especially now that it is in the process of buying a lender (MLOA). And regardless of your opinion is about services like Zillow’s Zestimates, there ... read more
    Source: Mortgage News DailyPublished on 2018-09-07By Rob Chrisman
    2 weeks ago
  • MBS Day Ahead: NFP Could Probably Be Forgiven For a Miss
    Posted To: MBS CommentaryThis morning's first chart is actually Private Payrolls (as opposed to nonfarm payrolls). Reason being: NFP accounts for Census Bureau hiring which creates massive, temporary spikes and drops in payroll counts every 10 years. Thus, if we look at long term charts of NFP, they're underlying message ... read more
    Source: Mortgage News DailyPublished on 2018-09-07By Matthew Graham
    2 weeks ago
  • MBS RECAP: Bonds Boosted by EU Weakness Ahead of NFP
    Posted To: MBS CommentaryBonds were weaker in the overnight session, but only slightly. The onset of domestic trading saw a stronger contingent of traders lined up to buy bonds at the 8:20am CME open . The 8:15am ADP data was weaker. It may have helped a bit, but bonds were ... read more
    Source: Mortgage News DailyPublished on 2018-09-06By Matthew Graham
    2 weeks ago
  • Mortgage Rates Side-Step Ahead of Jobs Report
    Posted To: Mortgage Rate WatchMortgage rates were sideways to slightly lower today, depending on the lender. The discrepancy stems from mid-day bond market gains that were just barely enough for a few lenders to go to the trouble of revising their mortgage rate sheets before the end of business. In ... read more
    Source: Mortgage News DailyPublished on 2018-09-06By Matthew Graham
    2 weeks ago
  • Housing Goldmine Gets 2 New Years of Data
    Posted To: MND NewsWireHousing trivia probably isn't a major hobby, but if you are into it, it is your birthday and the U.S. Census Bureau brought a present. The Bureau has just released the results of its 2017 American Housing Survey . Not to make light of it, the biennial ... read more
    Source: Mortgage News DailyPublished on 2018-09-06By Jann Swanson
    2 weeks ago
  • MBS Day Ahead: Bonds at Least Have a Chance
    Posted To: MBS CommentaryI've been pretty bearish on bonds, in general, since the end of 2016. Against that backdrop, we can of course still look for tactical opportunities, but there are also times to reinforce our defensive stance. The most recent bounce in rates/yields near the end of August was ... read more
    Source: Mortgage News DailyPublished on 2018-09-06By Matthew Graham
    2 weeks ago
  • Construction Loan Product; Freddie and Fannie Aren’t Sitting Still; LIBOR Phase-Out Update
    Posted To: Pipeline PressIn September, major league baseball teams expand their 25-man roster to 40 as teams scramble for the playoffs in October. In the mortgage business, however, rosters are being cut in the 2nd and 3rd quarters as lenders reversed course and achieved a $580 per loan profit versus ... read more
    Source: Mortgage News DailyPublished on 2018-09-06By Rob Chrisman
    2 weeks ago
  • MBS RECAP: Burden of Proof Shifts to Bond Bulls
    Posted To: MBS CommentaryThe first two trading days of September introduce a somewhat serious threat to the calm, sideways range that dominated the past 3 weeks. Granted, the rate spike in late July introduced a similar threat to the similar sideways range and we lived to tell the tale, but ... read more
    Source: Mortgage News DailyPublished on 2018-09-05By Matthew Graham
    2 weeks ago
  • Yelp Reviews Helping Home Prices?
    Posted To: MND NewsWireWill appraisals soon need to indicate a home's driving distance to the nearest cold-brew drive-through? Could be. According to a new study by the Harvard Business School, when an outlet for Starbucks opens in a community, home prices in that ZIP code rise by 0.5 percent within ... read more
    Source: Mortgage News DailyPublished on 2018-09-05By Jann Swanson
    2 weeks ago
  • Mortgage Rates Highest in Nearly a Month
    Posted To: Mortgage Rate WatchMortgage rates have only been moving higher gradually , but things are adding up . Today's move brings them to the highest levels in nearly a month. In recent weeks, I've made it a point to qualify the actual pace of the movement by drawing a ... read more
    Source: Mortgage News DailyPublished on 2018-09-05By Matthew Graham
    2 weeks ago
  • Referral Product; Broker and LO Events; Vendor News – Blockchain and Deeds
    Posted To: Pipeline PressIf we’ve learned anything in the last ten years, it’s rarely a good thing when a lender is the focus of a story in the mainstream press, and this is no exception: “CashCall stopped making loans, but its founder, targeted by regulators, is still in the business” ... read more
    Source: Mortgage News DailyPublished on 2018-09-05By Rob Chrisman
    2 weeks ago
  • MBS Day Ahead: Light Data Gives Bonds Chance to Show Hand
    Posted To: MBS CommentarySome economic reports matter when it comes to bond market movement potential, and many don't. The tricky thing about econ data is that reports that HAVE had an impact in the past can easily get caught up in a newfound cycle of irrelevance. Take Jobless Claims for ... read more
    Source: Mortgage News DailyPublished on 2018-09-05By Matthew Graham
    2 weeks ago
  • Pre-Holiday Mortgage Applications Dip Slightly, Rates Flat
    Posted To: MND NewsWirePurchase applications increased slightly during the week ended August 31, but overall mortgage activity fell slightly according to the Mortgage Bankers Association (MBA). Its Market Composite Index, a measure of application volume, was down 0.1 percent on a seasonally adjusted basis compared to the prior week. On ... read more
    Source: Mortgage News DailyPublished on 2018-09-05By Jann Swanson
    2 weeks ago