Mortgage Industry News
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
“Some households appear to be moving past the hurdle of last year’s sharp jump in rates,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
Mortgage Rates Still Hovering Near the 7% Level
“We do not expect rates will decrease meaningfully in the near-term,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Still Hovering Near the 7% Level
Mortgage Rates Inch Lower
“This week’s decrease continues a recent sideways trend in mortgage rates,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Inch Lower
Mortgage Delinquency Rate Drops to Historic Lows
“The mortgage delinquency rate fell to its lowest level for any first quarter since MBA’s survey began in 1979,” said MBA’s Marina Walsh. Continue Reading Mortgage Delinquency Rate Drops to Historic Lows
US Foreclosure Activity Stabilized in April
Atlantic City, New Jersey, was the major metro with the highest foreclosure rate. Continue Reading US Foreclosure Activity Stabilized in April
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