Mortgage lenders feel the pinch of rates on the rise

McClain, Randy
December 1994
New Orleans CityBusiness (1994 to 2008);12/5/94, Vol. 15 Issue 22, p6
Reports on the impact of higher interest rates on the mortgage loans business in the United States. Decrease in mortgage refinancing; Decrease in employment levels; Industry consolidation; Increase in popularity of adjustable rate mortgages.


Related Articles

  • Restoration Society sets bigger preservation goals. Ann Jannazo, Mary // Crain's Cleveland Business;9/23/2002, Vol. 23 Issue 38, p29 

    Reports the expansion of Heritage Home Loan Program by Cleveland Restoration Society in Ohio. Efforts of the society to offer technical assistance and low-interest home improvement loans; Preservation of historic properties; Identification of historic places.

  • Mortgage loan applications decrease.  // Fairfield County Business Journal;3/25/2002, Vol. 41 Issue 12, p3 

    Reports the decline in the market composite index of mortgage loan applications in the U.S. Percentage of decrease in the refinancing activity; Average contract interest rate for 30-year fixed-rate mortgage; Decline in loan-to-value ratio loans.

  • Mortgage Refinancing in 2001 and Early 2002. Canner, Glenn; Dynan, Karen; Passmore, Wayne // Federal Reserve Bulletin;Dec2002, Vol. 88 Issue 12, p469 

    Focuses on the mortgage refinancing activity in the U.S. Impact of low interest rates and rising home value on refinancing; Changes in terms of conditions of mortgages; Factors encouraging home owners toward refinancing.

  • A greater element of risk. Keane, Brendan J. // Mortgage Banking;May95, Vol. 55 Issue 8, p26 

    Focuses on the effects of rising rates in 1994 on mortgage loans in the United States. Slide in mortgage originations in 1995; Competition for market share for the securitization of first-lien, private-label, mortgage-backed securities (MBSs), with adjustable-rate mortgages (ARMs) and B and C...

  • Mortgage rates.  // San Diego Business Journal;01/11/99, Vol. 20 Issue 2, p29 

    Presents interest rates for mortgage loans in San Diego, California as of January 11, 1999. Names of lenders; Maturity of the loan.

  • Lenders Are Quick to Fire Staff and LOs. Collins, Brian // National Mortgage News;3/14/2011, Vol. 35 Issue 24, p1 

    The article reports that mortgage lenders in the U.S. start laying off support staff and nonproducing loan officers as interest rates increase in December 2010 and refinancing applications decline.

  • When is it a good time to consider Refinancing? Mobley, Bret // San Diego Business Journal;10/28/2002, Vol. 23 Issue 43, pB30 

    Discusses issues related to the need of borrowers to lower their monthly mortgage payments due to low mortgage interest rates. Need to take out money for home improvements; Use of current equity to pay off credit card debt; Acquisition of properties.

  • Figuring It Out.  // National Mortgage News;1/13/2003, Vol. 27 Issue 16, p4 

    Editorial. Comments on the status of the residential mortgage industry in the U.S. Rate of the interest rate acquired by Freddie Mac; Increase in refinancing; Downturn of the manufactured housing business.

  • LIBOR Rate Index Still Gaining Favor. Sinnock, Bonnie // National Mortgage News;4/14/2003, Vol. 27 Issue 29, p2 

    Reports that the London interbank offered rate (LIBOR) has gained a foothold as a mortgage index throughout the U.S. Comparison between LIBOR and the U.S. Treasury rate.

  • Research notes.  // International Advances in Economic Research;Feb96, Vol. 2 Issue 1, p94 

    Presents an abstract of the study `Interest Rates and the Initial Discount on Adjustable-Rate Mortgages,' conducted by C. Ronald Sprecher and Elliott Willman.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics