Articles About Mortgage Applications

The percentage of borrowers who are behind on making mortgage payments fell to a four-year low in the first three months of 2012, according to the Mortgage Bankers Association (MBA).  The percentage of loans that were delinquent or in the foreclosure process during the 1st quarter was 11.33 percent, the lowest level since 2008.  That […]

Although analysts are sounding a cautionary note, the number of Americans applying for mortgages rose by 16.1 percent in the first week of March – the largest monthly increase since June of 2009. The activity could be due to investors with money to spend, and not the first-time homebuyers who will play a vital role […]