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Mortgage rates keep downward trajectory to close out 2022: Freddie Mac

Mortgage rates keep downward trajectory to close out 2022: Freddie Mac

by Third Party | Dec 28, 2022 | Mortgage Information, Real Estate News

Source: Fox Business —  Last week, mortgage rates dropped for the sixth consecutive week as the market continues to react to positive economic indicators, according to Freddie Mac. The average rate for a 30-year fixed-rate mortgage fell to 6.27% for the week...
Dave Ramsey Says Home Buyers Should “Find a New Lender” in This Situation

Dave Ramsey Says Home Buyers Should “Find a New Lender” in This Situation

by Third Party | Dec 27, 2022 | Mortgage Information, Real Estate Agent Tools

Source: The Ascent —  Finding a mortgage lender can be a really confusing process. There are lots of different kinds of home loans out there, and many different types of lenders including banks, credit unions, and online lenders. There are also myriad criteria...
2022 marked the end of cheap mortgages and now the housing market has turned icy cold

2022 marked the end of cheap mortgages and now the housing market has turned icy cold

by Third Party | Dec 27, 2022 | Mortgage Information, U.S. Housing Market

Source: NPR —  Evan Paul and his wife entered 2022 thinking it would be the year they would finally buy a home. The couple — both scientists in the biotech industry — were ready to put roots down in Boston. “We just kind of got to that place in our lives...
Mortgage Rates Are Falling, Which Is Good News for UWM Holdings

Mortgage Rates Are Falling, Which Is Good News for UWM Holdings

by Third Party | Dec 26, 2022 | Mortgage Information, Real Estate News

Source: The Motley Fool —  Mortgage companies are highly unpopular, but is sentiment too negative in the case of this stock? The past year was extraordinarily difficult for companies in the mortgage space. The Fed aggressively hiked interest rates to help get...
Home buyers get some relief as mortgage rates come off 7% highs

Home buyers get some relief as mortgage rates come off 7% highs

by Third Party | Dec 25, 2022 | Mortgage Information, Real Estate News, U.S. Housing Market

Source: Los Angeles Times —  In October, mortgage interest rates topped 7% for the first time in two decades, the latest milestone reached this year amid a surge in borrowing costs. But potential home buyers may have noticed something different recently: Rates...
Mortgage rates fall for the sixth week in a row

Mortgage rates fall for the sixth week in a row

by Third Party | Dec 25, 2022 | Mortgage Information, U.S. Housing Market

Source: Yahoo! News —  Mortgage rates dropped for the sixth straight week, but housing activity remained muted going into the holidays. The rate for the average 30-year fixed mortgage slipped to 6.27% from 6.31% the week prior, according to Freddie Mac. Rates...
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