Mortgage Mix: Mortgage Rates Rise; CFPB Launches ‘Junk Fee’ Inquiry
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. ...
Tag: Mortgage Rates
Mortgage Rates Move Up After Weeks of Dips
After three weeks of declines and a dip below 7%, the 30-year fixed rate mortgage average ticked back up this ...
Why Frustrated Buyers are Dropping Out of the Market
It’s not a buyer’s market in residential real estate right now—and many buyers are dropping out in the face of ...
Mortgage Applications Fall in Response to Rate Uptick
As rates jumped back up above 7% last week, mortgage applications decreased 5.7% from one week earlier, according to data ...
Mortgage Rates Drop Below 7%
Calling it an “unexpected windfall” of both lower rates and increased inventory of new and existing homes, Freddie Mac’s data ...
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 ...
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 ...
6 Musts to Share With Buyers About Why You Rule Over AI
“AI can summarize what has been published about a property,” says one real estate professional. “The trouble is that some of the most important information has not been published, is no longer current or cannot be understood without seeing the home.” Read more.
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