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Mortgage rates surge to a 2-month high
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.
‘A disappointment to home buyers’: Mortgage rates surge to a two-month high
Mortgage rates rose for the third week in a row as the U.S. economy continued to show signs of strength. The 30-year mortgage rate jumped to the highest level since mid-August, averaging 6.44% as of Oct.
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.
Mortgage rates keep rising but there are upsides for housing
A strong economy drove mortgage rates higher in the past week but it's still an advantageous market for consumers in some ways, according to Freddie Mac.
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 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.
1d
on MSN
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 ...
5h
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.
HousingWire
23m
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 ...
8d
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.
ConsumerAffairs
5h
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, ...
nationalmortgageprofessional.com
2h
Nora Guerra Joins Guild Mortgage As SVP, Community Lending Solutions
Guild Mortgage has appointed Nora Guerra as its new senior vice president of community lending solutions. Guerra previously ...
2d
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 News
1d
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 ...
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