Source: Yahoo! Finance — The housing market is gaining steam as rates drop and mortgage applications surge. The 30-year mortgage rate fell for the first time in five weeks, and applications jumped 7% last week. But volatility in the market could still hinder...
Source: CNBC — The home-buying process can seem daunting for first-time homebuyers. The good news is there are some mortgage lenders that offer home loan products designed to provide more ease with the process, which can be very appealing to many first-time...
Source: Globest — A drop in home mortgage rates, a pause (or even cut) by the Federal Reserve at its March 22 meeting, and the need to obtain new letters of credit are among the matters to ponder as commercial real estate companies and venture-capital groups...
According to a new report from Redfin, the technology-based real estate brokerage, some homebuyers are returning to the market as mortgage rates decline from the four-month high they reached last week. Daily average mortgage rates dropped from 7% to about 6.5%...
Source: Bankrate — The U.S. economy is a complex system of interconnected components. To keep money flowing efficiently throughout these components, the federal government lends a helping hand in the form of government-sponsored enterprises, or GSEs. Over the...
Mortgage rates ticked up again in February after a brief respite, showing once again just how rate-sensitive the market continues to be, according to the latest Originations Market Monitor report from Black Knight. “Conforming rates dipped below 6% early...