Mortgage Industry News
Mortgage Rates Continue to Slip
The 30-year fixed-rate mortgage averaged 6.95% as of June 13. Continue Reading Mortgage Rates Continue to Slip
Mortgage Application Activity Catches an Upswing
The Refinance Index spiked by 28% from the previous week and was 28% higher than the same week one year ago. Continue Reading Mortgage Application Activity Catches an Upswing
Zillow Home Loans Debuts 1% Down Payment Program
The program is initially being offered on properties located in Arizona, with plans to expand to additional markets. Continue Reading Zillow Home Loans Debuts 1% Down Payment Program
Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
There were 714,000 new single-family home sales last month, up 31.5% from July 2022. Continue Reading Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
Zombie Property Levels in Slight Rise
315,425 residential properties are in the process of foreclosure in the third quarter of this year. Continue Reading Zombie Property Levels in Slight Rise
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