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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.
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%.
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 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.
Long-term mortgage rates increase for third straight week
Long-term mortgage rates rose for the third consecutive week, the latest Freddie Mac Primary Mortgage Survey said. 30-year fixed-rate mortgages averaged 6.44% as of Oct. 17, up from last week's 6.32% and down from 7.
5d
on MSN
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 ...
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.
11d
on MSN
Freddie Mac to End Blacklist of Real-Estate Broker
Freddie Mac is set to end its blacklist of Meridian Capital Group after the real-estate broker overhauled its risk and ...
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 ...
12d
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 ...
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 ...
nationalmortgageprofessional.com
3d
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 ...
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 ...
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