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Last month’s decline compares to a 43% drop in value and a 36% drop in the number of mortgage loans recorded during the COVID-19 pandemic in April 2020, The Moscow Times reported. Russian banks hiked mortgage rates after the country’s…
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Brad Finkelstein Mortgage bankers only made 5 basis points on each loan originated in the fourth quarter, preliminary data from the Mortgage Bankers Association showed, as the cost to produce reached an all-time high. The situation is…
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Left to right: Chief Global Economist at Morgan Stanley, Seth Carpenter with Chief Economist and EVP of Research and Industry Technology at the Mortgage Bankers Association, Michael Fratantoni. Brad Finkelstein Mortgage bankers only…
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