Increase in refinancing due to lower rates is likely to aid Zions' (ZION) fee revenues in the second quarter of 2019. However, muted growth in NII might hurt earnings growth.
Zacks Equity Research. Zacks. Fri, 19 Jul 2019 12:06:00 GMT.
Optimism in the U.S housing market has likely provided AGNC Investment (AGNC) with opportunities in the securitized mortgage securities market. Yet, high financing costs will likely impact Q2 results.
Zacks Equity Research. Zacks. Fri, 19 Jul 2019 12:05:00 GMT.
Mortgage rates have flatlined around a two-year low, according to data from Freddie Mac. The mortgage-finance company cast a positive spin on the development, saying the stabilization reflects modestly improving economic data.
R.a. Schuetz. Houston Chronicle. Thu, 11 Jul 2019 14:16:30 UTC.
Banks face growing financial pressure to withhold some of any cut in official interest rates from their mortgage customers, due to low rates paid on deposits.
Clancy Yeates. Sydney Morning Herald. Mon, 01 Jul 2019 00:00:00 +1000.
Purchasing a median-priced home in the U.S. is a financial stretch for Americans in the majority of markets despite slowing growth in real estate prices, low mortgage rates and rising wages.
Newsmax. Thu, 27 Jun 2019 08:34:00 EDT.
A second mortgage, in the form of a home equity loan or home equity line of credit, may enable you to use your real estate equity for various purposes, including home improvement, college tuition, and debt consolidation.
A mortgage application is a document that virtually all homeowners are familiar with, but the numbers of home owners applying for a second mortgage are also on the rise. Using equity in one's home is a way to obtain funds for other investments.