Real Estate Agent Tools

Tips on avoiding mortgage layoffs

Tips on avoiding mortgage layoffs

Source: MPA Mag --- The mortgage industry has seen better days. Volatile interest rates fueled by inflation have created a climate where the average loan officer is now closing less than one loan per month with refinance locks plummeting to a low not seen in more than...

Mortgage Rates Decline to Lowest Level Since April

Mortgage Rates Decline to Lowest Level Since April

The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...