Fannie Mae Projects Mortgage Rates Will Remain Near 7% Through 2024
The latest research from the Fannie Mae Economic and Strategic Research (ESR) Group suggests that earlier projections for lower mortgage ...
Tag: Mortgage Rates
Mortgage Applications Up for Third Straight Week
Thanks to the recent declines in average mortgage rates of late, mortgage application activity has seen a small but steady ...
U.S. Tappable Equity Reaches Record $11 Trillion
Rising interest rates might be sidelining would-be homebuyers, but the ongoing shortage of inventory on the market is keeping home ...
Mortgage Mix: Rates Finally Come Down, but in Baby Steps
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates Decrease Again
The 30-year fixed-rate mortgage (FRM) averaged 7.02% this week, down for the second week in a row from last week’s ...
Mortgage Applications See Second Week of Increases
Mortgage applications saw a slight increase of 0.5% from last week’s bump of 2.6%, according to the latest Weekly Mortgage ...
Mortgage Rates Continue to Plague Homebuilder Confidence
As mortgage rates rose back above 7% in April, and remain high despite a recent decrease, homebuilders are pulling back ...
Mortgage Mix: Rates Remain Above 7%, but Declined for the First Time in Months
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates See First Reprieve in 5 Weeks
The 30-year fixed-rate mortgage (FRM) decreased to 7.09% from 7.22% last week, the first decrease seen since they began rising ...
Fannie Mae Shows Consumer Sentiment Plateauing
The latest monthly update to the Fannie Mae Home Purchase Sentiment Index (HSPI)–for April 2024–shows the index at 71.9 percentage ...
The Upshot on Mortgage Buydowns: A Valuable Tool in the Right Circumstances
Buydowns can be paid for by the buyer, seller, builder or lender, and can be a valuable tool to lower costs, though they require an upfront fee. Read more.
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