Guaranteed Rate, the Chicago-based mortgage lender and digital financial services provider, has rebranded to become known simply as “Rate.” In a press statement, the company said “Rate” signifies “a unified brand across all products and services,...
Mortgage rates flirted with the 7% level again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.95% as of July 3, up from last week when it averaged 6.86%. A year ago at this time, it...
The Federal Housing Administration (FHA) published translated versions of 19 single family mortgage documents used in the servicing of FHA-insured mortgages. The documents are available in Chinese, Korean, Spanish, Tagalog, and Vietnamese on the FHA website. The...
Mortgage application activity concluded last month in decline, according to the Mortgage Bankers Association (MBA) data for the week ending June 28. The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 2.6% on a seasonally...
Mortgage rates continued to sink away from the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.86% as of June 27, down from last week when it averaged 6.87%. A year ago at this...
Mortgage application activity enjoyed a slight uptick for the week ending June 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by 0.8% on a seasonally...
Hits and Misses for the Real Estate Week of March 23-27
