MBA Weekly Applications Survey May 4, 2022: Applications Increase
Mortgage applications increased 2.5 percent from one week earlier, according the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 29.
FHFA Announces Mandatory Supplemental Consumer Information Form Use
The Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will require lenders to use the Supplemental Consumer Information Form as part of the application process for loans that will be sold to the Enterprises.
Borrower Behavior Changing as Home Affordability Drops
Though home price appreciation slowed slightly in March, 30-year mortgage interest rates above 5 percent have pushed affordability to nearly its worst-ever level, said Black Knight, Jacksonville, Fla.
JOLTS Report: Record Quits, Job Openings
The number of U.S. job openings reached a series high 11.5 million on March’s last business day, the U.S. Bureau of Labor Statistics reported Tuesday.