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Mortgage Rates Rise to 6.44%, Yet 'Buyers May Be Feeling Ready To Act'
Most outstanding mortgages have a 6% or lower rate, which creates a " lock-in effect " for many current owners who don't want to swap a low rate for a higher one. This could limit homeowners’ willingness to sell, slowing or stalling the housing market.
Mortgage Rates Hit Highest Level in Eight Weeks. What Gives?
The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight weeks.
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.
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
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 increased again this week
Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) increased again this week,
Surging mortgage rates hit 23-year high
Each percentage point increase in a mortgage rate can add thousands or even tens of thousands in additional costs each year, depending on the price of the house, according to Rock
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 Refinance Rates Hover Near 2-Week Highs
Mortgage refi rates have edged closer to their highest point in two weeks after hitting a 19-month low last month. Most other refi rates increased, as well.
Here's why mortgage rates are going up
What’s wrong with this picture,” prospective homebuyers may be asking. The Federal Reserve cut interest rates by .50% but mortgage rates have risen for th
Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates are ticking up, even after the Federal Reserve has started cutting interest rates. Here's why, and where rates — and home sales — could go from here.
11d
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.
Commercial Observer
11d
Freddie Mac Lifts Agency Dealmaking Ban on Meridian Capital Group
CEO Brian P. Brooks announced in a company memo that the brokerage can place deals through Freddie Mac beginning in January ...
11d
Mortgage Broker Meridian Will Be Freed From Freddie Mac Ban
Mortgage broker Meridian Capital Group will be freed from a Freddie Mac ban months after Freddie stopped buying loans handled ...
4d
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 ...
HousingWire
3d
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 ...
3d
Hot real estate topics: Rates, high payments, all-cash buyers
Accessory dwelling units: Investors seeking to squeeze more income from their rental properties (and homeowners) are adding ...
1d
Refinancing a jumbo loan: What to know
Refinancing a jumbo loan could potentially mean big savings. While similar to a typical mortgage refinance, you can expect ...
2d
on MSN
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That ...
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