The 30-year fixed-rate mortgage averaged 6.56% as of Aug. 28, according to the latest Primary Mortgage Markey Survey published by Freddie Mac (OTCQB: FMCC). The latest reading is down from last week when it averaged 6.58%. A year ago at this time, it averaged 6.35%....
The national median mortgage payment in July was $2,127, down from $2,172 in June, according to data from the Mortgage Bankers Association (MBA). On a year-over-year basis, the sum was down $13, equal to a 0.6% decrease. The national median mortgage payment for...
Mortgage application activity was a mixed bag for the week ending Aug. 22, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.5% percent on a seasonally adjusted...
Arizona Attorney General Kris Mayes has filed a lawsuit against two individuals and the more than 50 entities they controlled for allegedly running a predatory real estate scheme that defrauded homeowners of their property using phony foreclosure rescue schemes. The...
The former chief executive of the collapsed cryptocurrency trading platform Hayvn has re-emerged working as a mortgage broker in a suburb of Melbourne, Australia. The Australian Broadcasting Corporation reports that Christopher Flinos, the former CEO of crypto firm...
A Phil Hall Op-Ed: Earlier today, the irrepressible Bill Pulte checked into his second home on X and alerted the 3 million folks following his personal account to consider the following observation: “Fate hates hypocrisy.” Now, what exactly is the director of the...
