Mortgage rate hits the highest level in months
Generally, higher rates reflect the strength in the economy, which helps support the housing market. But as mortgage rates rise, they can also add hundreds of dollars a month in costs for borrowers, reducing home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs.
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August.
Mortgage rates march higher for third straight week
Mortgage rates climbed again for a third straight week, further dinging demand as the housing market continues to suffer from an affordability crisis.
The average rate on a 30-year mortgage rose to 6.44% this week, Freddie Mac says, the highest level in 8 weeks
The average rate on a 30-year mortgage rose to 6.44% this week, Freddie Mac says, the highest level in 8 weeks.
Mortgage rates increased again this week
Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) increased again this week,
Average mortgage rises to the highest level in 8 weeks
Mortgage rates are influenced by several factors, including how the bond market reacts to the Federal Reserve’s interest rate policy decisions. That can move the trajectory of t
Freddie Mac opens up to Meridian again — but with a catch
Ralph Herzka’s firm can broker deals that pass through the government-sponsored enterprise, but there are strings attached.
Freddie Mac Sells $13.9 Million in Non-Performing Loans
Freddie Mac (OTCQB: FMCC) today announced it sold via auction 57 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio to Residential ...
Freddie Mac to End Blacklist of Real-Estate Broker
Freddie Mac is set to end its blacklist of Meridian Capital Group after the real-estate broker overhauled its risk and ...
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Guild hires Nora Guerra as SVP of community lending solutions
Guild Mortgage has hired Nora Guerra, who worked at Freddie Mac for more than five years, as its SVP of community lending ...
Mortgage rates spike for third straight week while buyers grow cautious
Higher mortgage rates mean fewer buyers and refinancers are moving forward with transactions. The average on a 30-year loan ...
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Freddie Mac Lifts Agency Dealmaking Ban on Meridian Capital Group
CEO Brian P. Brooks announced in a company memo that the brokerage can place deals through Freddie Mac beginning in January ...
Hot real estate topics: Rates, high payments, all-cash buyers
Accessory dwelling units: Investors seeking to squeeze more income from their rental properties (and homeowners) are adding ...
Freddie Mac Announces Results of Tender Offer for Certain STACR Notes
For STACR 2017-HQA3 M-2 and STACR 2020-DNA5 B-1, the original principal amount tendered and accepted includes $1,500,000 and $17,268,000, respectively, expected to be tendered by guaranteed delivery ...