Mortgage Industry News
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 5, unchanged from last week. Continue Reading Mortgage Rates Remain Flat
Mortgage Application Activity Up 1.6%
Among the federal programs, the FHA share of total applications decreased to 14.6% from 15.3% the week prior. Continue Reading Mortgage Application Activity Up 1.6%
FHA Seeks Input on Proposed HECM Program Update
The new proposal would enable certain categories of due and payable HECMs that were previously ineligible for assignment to be assigned to HUD. Continue Reading FHA Seeks Input on Proposed HECM Program Update
Mortgage Delinquency Rate Records Q3 Uptick
The third quarter delinquency rate was up 25 basis points from the second quarter and up 17 basis points from one year earlier. Continue Reading Mortgage Delinquency Rate Records Q3 Uptick
Mortgage Rates Go Into a Slump
Freddie Mac’s Sam Khater said the 30-year fixed-rate mortgage recorded “the largest one-week decrease since last November.” Continue Reading Mortgage Rates Go Into a Slump
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