Average Credit Score for Online Mortgage Shoppers Was 70 Points Above Average FICO Score for 2012
Highest State Average for Online Mortgage Shoppers Was 775; Lowest Was 689; Credit Scores Expected to Continue to Improve in 2013
Loan-Application Volume Soars 330 Percent After Credit Union Implements Multi-Channel Online Lending Technology
Faced With Challenge of Mortgage Industry-s Fluctuating Loan Volume, INOVA Federal Credit Union Uses Mortgagebot-s Integrated Point-of-Sale Technology to Overhaul Lending Operations
Mortgage Marvel Rate Trends Shows 30-Year Fixed Rates Continue to Descend
MEQUON, WI — (Marketwire) — 08/16/11 — Mortgage Marvel Rate Trends, a daily survey of over 950 lenders, shows 30-year, fixed rates continued their recent descent by dropping 0.20% to 4.24% over the past week.Current rates are roughly equal to the all-time low of 4.20% set October 12, 2010 and nearly a point lower than the 6-month high of 5.15% reached on February 18, 2011.*Change based on difference from current rateFifteen-year fixed rates slid 0.19% to 3.45% from 3.64% last week. 5/1 ARM