Three different data sources are reporting an increase in mortgage rates, with two of the sources insisting the 30-year fixed-rate mortgage topped 7% for the first time in over a year. Freddie Mac (OTCQB: FMCC) reported the 30-year fixed-rate mortgage averaged 6.76%...
The national housing market may be losing momentum, but buyers aren’t disappearing everywhere. They are concentrating. New Realtor.com Economic Research released Tuesday shows that the country’s most competitive housing markets remain clustered almost...
The 30-year fixed-rate mortgage averaged 6.71% as of Sept. 3, up from last week when it averaged 6.66% and its highest level in over a year. According to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC), the 30-year fixed-rate mortgage...
We spend a lot of time in mortgage lending talking about income. How much does the borrower earn? What is the debt-to-income ratio? How much of a monthly payment can the household reasonably carry? What happens to purchasing power when the mortgage rate moves another...
RateZip, an independent consumer rates platform, has launched its RateZip Deposit/Mortgage Rates in the ChatGPT app directory. According to the company, RateZip Deposit/Mortgage Rates is a live rate service that lets ChatGPT answer questions about current US savings...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
