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Omicron variant drives decrease in mortgage rates: Freddie Mac

Omicron variant drives decrease in mortgage rates: Freddie Mac

Source: Fox Business --- Mortgage interest rates dropped after the COVID-19 omicron variant began spreading across the U.S., according to the latest data from Freddie Mac.  "Market volatility" caused the 30-year mortgage to drop seven percentage points – to 3.05% APR...

2022 Predictions: Real Estate Bubbles And More SPACs?

2022 Predictions: Real Estate Bubbles And More SPACs?

Source: Forbes --- At long last, 2021 is drawing to a close, and the new year is right around the corner. This past year brought a return to stadiums for college football and a new era of Name, Image and Likeness (NIL) deals, the delta and omicron variants, surging...

Let’s Move In Together (And You Can Help Me Pay My Mortgage)

Let’s Move In Together (And You Can Help Me Pay My Mortgage)

Source: Bloomberg --- First comes love and then comes ... a frank discussion about the realities of moving in together. There’s one question that comes up a lot among couples and is bound to be even more commonplace in a hot housing market: What happens when you’re...

Should You Hire a Mortgage Broker or Do It Yourself?

Should You Hire a Mortgage Broker or Do It Yourself?

Source: Go Banking Rates --- When you’re ready to buy a home, you may wonder if you should try to shop for a mortgage on your own or reach out to mortgage broker for help. A mortgage broker can be very helpful in the process, especially for people who are...

Mortgage delinquencies continued to improve in November

Mortgage delinquencies continued to improve in November

Source: Housing Wire --- The delinquency landscape continues to improve on a monthly basis, with the total delinquency rate in the nation falling to 3.59% in November, according to Black Knight’s November mortgage monitor published this week. In October, the analytics...

5 tech trends that will move mortgages and housing in 2022

5 tech trends that will move mortgages and housing in 2022

Source: Bankrate --- In the Amazon age, consumers are more pampered – and less patient – than ever. Tap your phone and, voilà – hot food from your favorite restaurant arrives in minutes. High-end electronics appear on your doorstep in hours. However,...