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.
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 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 increased again this week
Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) increased again this week,
The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts. The impact?
Why have mortgage interest rates been rising since the Fed cut rates in September?
Unfortunately for prospective buyers, rising mortgage rates in the face of a Fed cut is a sign of a resilient economy.
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 ...
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 ...
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.
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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 ...
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 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.
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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 ...
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 ...