Source: Mortgage News Daily — We’re in the middle of a 4 day week culminating in one of the most important events of the year for interest rates. Thursday morning brings the release of the Consumer Price Index (CPI)–an inflation report that has...
Source: Business Insider — The bottom line: Cardinal Financial is a good mortgage lender for FHA borrowers or buyers considering a unique type of home, such as a tiny home or a shipping container home. Its application platform also makes it easy to upload...
Source: FT Adviser — The mortgage industry has a role to play in combatting climate change and reducing people’s energy bills, yet the vast majority of borrowers do not understand green mortgage products, research suggests. A survey from the Mortgage...
Source: Housing Wire —Â Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! So, the question is, are we...
Source: WWNYTV 7 News — WATERTOWN, New York (WWNY) – Mortgage rates are right around 7 percent for a 30-year fixed rate. Nationally, rates are at their highest since 2006 and they’ve nearly doubled since last year. So, what is this doing to the local...
Source: Yahoo! Finance — With mortgage rates near 20-year highs, some homebuyers are struggling to afford homes. The average rate for a 30-year fixed mortgage was 6.95% in November’s first week, dipping from a 7.08% peak a week earlier, according to Freddie Mac...
