Mortgage company customers reported “significant declines” in satisfaction this year after several years of steady improvement, according to a new survey from J.D. Power.
A generational shift might be behind lower customer satisfaction for mortgage companies.
Total mortgage application volume rose just 0.4 percent seasonally adjusted compared with the previous week, according to the Mortgage Bankers Association.
BB&T Chairman & CEO Kelly King discusses the difficulty surrounding banks’ abilities to issue mortgages and loans to consumers.
Volume for mortgage applications rose 6.3 percent last week.
Refinance applications surged 13 percent last week, even as mortgage rates remained steady.
Australia on Wednesday ordered the country’s biggest banks to raise capital and warned about growing mortgage books.
The appetite for riskier mortgages is rising, and a small cadre of investment firms is ready to feed it.
Mortgage rates just saw their biggest jump since the presidential election – and it took a heavy toll on home loans.
CNBC’s Diana Olick, sifts through the numbers to get a read on mortgage applications as demand tumbles amid higher rates.