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Welcome - The MortgagePoint
Welcome to MortgagePoint! In our continuous effort to provide comprehensive and timely information, we've combined the strengths of DS News and MReport into one unified platform - MortgagePoint. This new platform offers a 360-degree view of the mortgage industry, including insights on loan origination, default servicing, and more.You will …
About Us - The MortgagePoint
At MortgagePoint, we aim to empower mortgage professionals to make informed decisions and drive the industry forward.We strive to provide timely, accurate, and crucial information, fostering an environment of knowledge sharing that benefits all industry stakeholders.
Existing-Home Sales on the Rise - The MortgagePoint
2 days ago · The National Association of Realtors (NAR) reports that existing-home sales rose in October 2024, improving in all four major U.S. regions.Year-over-year, sales elevated in three regions, but were unchanged in the Northeast. Total existing-home sales–defined by NAR as completed transactions that include single-family homes, townhomes, condominiums and co-ops–expanded 3.4% from September to ...
Mortgage Credit Availability Jumps Again - The MortgagePoint
3 days ago · “Mortgage credit availability increased to its highest level since April 2023,” said Joel Kan, MBA’s VP and Deputy Chief Economist. “Driven by gains across all loan categories. However, despite the across-the-board increases, overall credit supply remains tight, with the index still near the very low levels of 2011-2013.”
Where Are Home Prices Heading Over the Next 24 Months?
Sep 5, 2024 · The latest Fannie Mae Home Price Expectations Survey (HPES), produced in partnership with Pulsenomics, examining third quarter 2024 data, has found that following home price growth of 6.0% in 2023, an annual national home price growth of 4.7% is forecast for the remainder of 2024, followed by growth of 3.1% in 2025.. The panel’s latest estimates of national home price growth are higher than ...
Mortgage Payments Slip in September - The MortgagePoint
Oct 31, 2024 · In September, the national median payment that purchase applicants sought for dropped from $2,057 in August to $2,041, indicating an improvement in homebuyer affordability. This is in line with the Mortgage Bankers Association‘s (MBA) Purchase Applications Payment Index (PAPI), which uses ...
Homeowners Staying Put Amid Low Housing Supply, Leveraging …
Nov 16, 2024 · According to a recent poll conducted by TD Bank, America’s Most Convenient Bank, two-thirds (66%) of homeowners still consider their homes to be a source of wealth for future generations, indicating that homeowners continue to perceive their houses as strong financial assets in the present market climate.. More than 1,800 homeowners who bought a home during the last ten years with a mortgage ...
Mortgage Application Payments Take a Dip - The MortgagePoint
Sep 4, 2024 · An increase in MBA’s PAPI – indicative of declining borrower affordability conditions – means that the mortgage payment to income ratio (PIR) is higher due to increasing application loan amounts, rising mortgage rates, or a decrease in earnings.
Homeowners Stuck in ‘Housing Gridlock’ - The MortgagePoint
Oct 2, 2024 · Point’s findings show that 55% of homeowners who intended to move in the last year were unable to do so. High home prices remain the biggest barrier, with 51% of respondents saying it has delayed their plans. Another 48% indicated that moving would saddle them with a higher mortgage rate, making the prospect even more daunting.