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Mortgage Rates Back Above 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.79%. Continue Reading Mortgage Rates Back Above 7%
Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected
Insufficient credit was the most common reason given (43%) for the application rejection Continue Reading Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected
Additional Reading: Top Mortgage Industry News & Headlines
CFPB Mortgage Report: Higher Closing Costs, More Denials for Insufficient Income
Average monthly mortgage payments increased more than 46% last year, from $1,400 in December 2021 to $2,045 in December 2022. Continue Reading CFPB Mortgage Report: Higher Closing Costs, More Denials for Insufficient Income
Mortgage Application Activity Declines Again
Both the seasonally adjusted and the unadjusted Purchase Index dropped 2% from one week earlier. Continue Reading Mortgage Application Activity Declines Again
Teachers Federal Credit Union Now Offering VA Loans
“It is our honor to serve those who serve our country,” said Brad Calhoun, president and CEO. Continue Reading Teachers Federal Credit Union Now Offering VA Loans
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