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 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 hit 6.44%.
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,
Mortgage Rates Continue to Increase
The 30-year fixed-rate mortgage increased for the third consecutive week, moving closer to 6.5%,” said Sam Khater, Freddie Mac’s Chief Economist. “In general, higher rates reflect the strength in the economy that is supportive of the housing market.
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
Freddie Mac sells ~$13.9M worth of non-performing loans
Freddie Mac (OTCQB:FMCC) said on Wednesday that the secondary mortgage services provider sold ~$13.9M worth of non-performing ...
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 ...
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 ...
HousingWire1d
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 ...
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 ...
National Mortgage News2d
Mortgage credit offerings decline as interest rates plateau
Reversing a year-ago trend, the U.S. economy and plateauing interest rates led to credit tightening in September, the ...