Mortgage Rates Drop for Fourth Consecutive Week
The latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.33%, ...
Tag: Freddie Mac
Mortgage Rates Continue Ticking Down
The latest Primary Mortgage Market Survey® (PMMS®), from Freddie Mac released Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.49%, ...
FHFA Announces Increases in the 2023 Conforming Loan Limits
The new baseline conforming loan limit value for one-unit properties in 2023 will be $726,200, an increase of $79,000 from ...
Loans in Forbearance Increased Slightly to 0.7% in October
The total number of loans now in forbearance increased by 1 basis point from 0.69% to 0.7% as of October ...
Mortgage Rates Tumble as Data Suggests Inflation May Have Peaked
After a steady climb up and over the 7% mark, the latest mortgage rates tumbled this week on expectations that ...
Mortgage Rates Dip Under 7%
The average 30-year fixed-rate mortgage (FRM) edged down slightly this week to 6.95%, a drop from the previous week’s historic ...
FHFA Announces Targeted Pricing Changes to Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) announced in a release that it is making targeted changes to Fannie Mae and ...
Average 30-Year Fixed-Rate Mortgage Surpasses 7%
The average 30-year-fixed mortgage rate rose to its highest level in two decades this week, as inflation persists. Rates jumped ...
Freddie Mac Announces New Underwriting Innovation to Help Borrowers Qualify
Freddie Mac has announced the launch of a new feature to the underwriting process, designed to increase homeownership opportunities. Underwriting will ...
Mortgage Rates Slow Their Upward Trajectory
Mortgage rates continued toward the 7% mark this week, but slowing it’s upward trajectory with just a slight rise from ...
4 Vital Metrics to Assess Your Team’s Business
Though many have tried, no one has yet succeeded in turning the practice of buying and selling homes into an equation that can be worked out and solved on paper. Read more.
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