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WEBThe MortgagePoint Advantage. We see a future where every decision in the industry is informed, every professional is connected, and every challenge is met with innovative solutions. Read More. We aim to set the standard for the future, envisioning MortgagePoint as the indispensable hub for mortgage professionals nationwide.
Welcome - The MortgagePoint
WEBWelcome 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 be redirected to MortgagePoint, where you
Homebuyers No Longer Spooked by Market Conditions
WEB3 days ago · The real estate market has been hampered by the “lock-in” effect for many years now, whereby homeowners, who are tied into a relatively cheap mortgage rate, have been remaining there, having a negative influence on available inventory. In actuality, 84% of active mortgages had a mortgage rate under 6% as of mid-2024, while 56% had a rate ...
Where Are Home Prices Heading Over the Next 24 Months?
WEBSep 5, 2024 · A recent study by Redfin found that 85.7% of U.S. homeowners with mortgages have an interest rate below 6%, down from 90.6% at the start of last year, and a record high of 92.8% in mid-2022. This means even more than 85.7% of homeowners with mortgages have a rate below the current weekly average of 6.46%, prompting many to stay put and remain ...
About Us - The MortgagePoint
WEBAt 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.
Housing Market Slows as Buyers and Sellers Await Rate Drops
WEBSep 5, 2024 · While the median price per square foot increased by 2.3% in August compared to the same month last year, the price of homes for sale dropped by 1.3% overall to $429,990. This suggests that the proportion of smaller, more affordable homes in the inventory is still increasing. The slowest August in five years saw homes on …
Introducing MortgagePoint: The Hub of Mortgage Industry …
WEBJan 17, 2024 · Introducing MortgagePoint - Born out of the merger between DS News and MReport, MortgagePoint is a new platform that will transform how we report on the mortgage industry. Both DS News and MReport have left indelible marks on the industry. DS News, born amidst the turmoil of the 2008 financial crisis, became the industry's touchstone for navigating the complex terrain of default mortgage ...
Mortgage Application Payments Take a Dip - The MortgagePoint
WEBSep 4, 2024 · Additional Key Findings of MBA’s Purchase Applications Payment Index (PAPI) – July 2024. The national median mortgage payment was $2,144 in July—down $27 from June. It is down by $22 from one year ago, equal to a 1.0 percent decrease. The national median mortgage payment for FHA loan applicants was $1,838 in July, down from $1,907 in June ...
Home Sales Remain Sluggish Despite Descending Mortgage Rates
WEBSep 2, 2024 · The median monthly mortgage payment was $2,568 at a 6.46% mortgage rate, representing a -0.4% YoY change. This is the lowest level recorded since February, an estimated $258 below all-time high set during the 4 weeks ending April 28. Pending sales were 79,279, representing a -6.9% YoY change, the biggest decline since October 2023.
Market Trends - The MortgagePoint
WEBThe MP Access Show is your ticket to an enriching journey through mortgage industry trends and insights. Tune in and stay ahead of the curve with us. Your Gateway to Mortgage Insights Gain access to a wealth of information about the mortgage industry. Our email blasts offer a panoramic view of the industry, delivering expert commentary, deep ...