Tag Archives: originations

Refinancing Expected to Lose Market Share in 2014

Analysis reports on refinancing by Freddie Mac have shown that during the fourth quarter of 2013, the refinance share of applications averaged 56% in its monthly refinance survey. But its economists foresee a drop in refinances to 38% this year. Many homeowners who refinanced through Freddie Mac in 2013 have been choosing fixed rate mortgages […]

Home Loan Originations Increase for Third Straight Month

For the third consecutive month, loans that originated for purchasing homes have increased. According to Ellie Mae’s Organization Insight Report for April, these loans made up for 42% of total loan originations, compared to 38% in March and 27% in January. Of these loan originations, 68% were conventional loans and 22% were Federal Housing Association […]

Fannie Mae: 2013 Will Be a Year of “Transition to Normal”

Economists at Fannie Mae recently released their first economic forecast of 2013. The survey, titled “Transition to Normal,” describes where the direction the housing market is going will be affected by economic policy decisions being made and yet to be made by the federal government. The forecast states that the Federal Reserve will not raise […]