After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”. [...]
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Mortgage markets improved last week, pushing mortgage rates lower for the second straight week. [...] The Federal Open Market Committee meets this week. Mortgage rates could get volatile. [...] Mortgage markets made little change last week for the fifth time in as many weeks. [...] After a 2-year easing cycle, the nation’s biggest bank banks report that they’ve reversed course, and are raising the bar on mortgage approvals. [...] Mortgage markets improved last week as the Federal Reserve provided new market stimulus and the Eurozone continued to grapple with Greek’s sovereign debt issues. [...] Mortgage rates rose for the first time in three weeks last week, pushing conforming and FHA mortgage rates off their all-time, historical lows [...] Mortgage guidelines appear to be tightening with the nation’s largest banks. [...] Mortgage markets were especially volatile last week, falling to new 2011 lows before sharply rising higher. [...] The Federal Reserve’s quarterly survey of senior loan officers revealed that an overwhelmingly majority of U.S. banks have stopped tightening mortgage requirements for prime borrowers. [...] |
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