Freddie Mac (OTCQB: FMCC) reported another decline in mortgage rates in the newly published Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.67% as of June 22, down from last week when it averaged 6.69%. A year ago at this time, it averaged...
Mortgage applications recorded a scant uptick in the latest data report from the Mortgage Bankers Association (MBA) that covers the week ending June 16. The Market Composite Index, a measure of mortgage loan application volume, saw a 0.5% rise on a seasonally adjusted...
Mortgage rates took a dip for the second consecutive week, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.69% as of June 15, down from last week when it averaged 6.71%. A year ago at...
The Federal Housing Administration (FHA) is making more than 30 single-family home loan documents and related resources used in the origination of FHA-insured mortgages available in Chinese, Korean, Spanish, Tagalog and Vietnamese. According to the agency, the...
More than nine of every 10 U.S. homeowners with mortgages (91.8%) have an interest rate below 6%, according to a new report from Redfin (NASDAQ:RDFN). This is slightly below the record high of 92.9% hit in mid-2022. Redfin also noted that 82.4% of mortgaged homeowners...
There was an increase of activity in the mortgage application space, according to new data from the Mortgage Bankers Association (MBA) covering the week ending June 9. The Market Composite Index, a measure of mortgage loan application volume, was up by 7.2% on a...
Texas Attorney General Warns Localities Against Violating New Law in Raisin…
