Mortgage rates moved demonstrably higher last week
Three-day winning streak after less anxiety from trade fears
Cash-out borrowers used money to pay down credit card debt and auto loans
It is selling almost a billion dollars of its multifamily commercial real estate loans to Bank of America
Fixed-rate mortgages moved even lower this week
Industry has reason for optimism with previously owned homes rising by 1.3% in July
Making permanent a key Covid-era change
Demand for housing loans increase by 16%
New proposal would also reduce paperwork burdens
British bank expected to sell between £3 billion and £4 billion of loans to raise capital
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