As the economy slowly recovers from the early days of the pandemic, the share of loans in forbearance dropped for the seventh consecutive week, signifying a 40-basis-point decrease in the last two weeks.
The post Forbearance rate drops to 4.5% appeared first on Atlanta Agent Magazine.
Category: Mortgage Bankers Association
Mortgage applications down slightly as some consumers wait for another rate drop
A new report from the Mortgage Bankers Association shows a slight drop in mortgage application volume amid expectations of further mortgage rate reductions.
The post Mortgage applications down slightly as some consumers wait for another rate drop appeared first on Atlanta Agent Magazine.