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The average 30-year fixed mortgage rate for conforming loans fell, according to Freddie Mac, even as the 10-year Treasury yield rose nearly 18 basis points from the start of this week.
11h ago -
Gen Z and millennials are more willing to take a higher mortgage rate in order to buy a home than Gen X and baby boomers, the ServiceLink report found.
March 14 -
Doma leadership said it has the technology and underwriting capabilities to allow the government-sponsored enterprises to handle the risk refi loans eligible for title waivers under a pilot announced by President Biden last week.
March 13 -
At current levels, monthly payments could surge by 39% between 2023 and 2025 for an approximately $250,000 loan, according to new research.
March 11 -
Fannie Mae's home price sentiment index grew to 72.8 in February, up 2.1 points from the month prior.
March 7 -
But those rates are still relatively high, and that is a barrier to entry for potential homebuyers, Freddie Mac said.
March 7 -
February was the second consecutive month where lenders eased underwriting, although overall availability remains near record low levels, the Mortgage Bankers Association.
March 7 -
The latest inflation news has created concern that the Federal Reserve's pivot on short-term rates could be delayed.
February 29 -
The company originated more loans to buy homes than Detroit-area rival No. 2 Rocket did in total during the fourth quarter.
February 28 -
While mortgage volume should rise this year, the government-sponsored enterprise expects slightly less activity than it did back in January.
February 26