Mortgage Mix: Interim Freddie CEO Gets Extension; loanDepot Responds to Class-Action Claims
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday ...
Tag: Mortgage Rates
Mortgage Rates Remain at 11-Month Lows Despite Slight Uptick
The nation’s home buyers continue to benefit from recent historic lows with only a slight uptick in the average 30-year ...
Report: Youth-Dominated Markets Stand to Benefit More From Mortgage Rate Cuts
Following recent Federal Reserve interest rate cuts, mortgage rates are trending downwards, with about 81% of existing mortgages carrying a ...
Existing-Home Sales Flat, Down Just 0.2% in August
The National Association of Realtors®’ (NAR) latest report released today revealed essentially unchanged sales activity, contributing to three consecutive years ...
Refinance Mortgages Make Up Over 60% of All Applications
After last week’s major uptick in mortgage loan applications, borrower activity remains high. Yet, despite a slowly falling 30-year fixed ...
Fed Announces First Rate Cut of 2025, Citing a Worsening Job Market
The Federal Reserve has announced its first interest rate cut since December 2024, pointing toward a degrading job market as ...
Mortgage Applications Grow Nearly 30% Before Fed Rate Decision
As mortgage rates reached their lowest level in a year this past week, demand for housing experienced a major jump ...
Mortgage Rates Continue to Drop
As homebuyers and borrowers looking to refinance are experiencing a welcomed period of relief from elevated rates, the average 30-year ...
Consumer Price Index: Inflation Rises Again, but Rate Cut Remains Likely
The Federal Reserve board of governors will meet next week at the Federal Open Market Committee (FOMC) to vote on ...
Mortgage Applications Increase for the First Time in Weeks
In the wake of mortgage rates reaching an 11-month low last week, mortgage applications have broken their downward streak—increasing in ...
4 Hidden Costs of Homeownership Clients Should Understand
First-time buyers could not know all the expenses that go along with owning a property. Obvious ones like taxes and insurance can skyrocket year over year. Read more.
Business Tip of the Day provided by
