Browsing Tag:Continue

mortgage-charges-proceed-a-downward-spiral
Freddie Mac's latest Primary Mortgage Market Survey (PMMS) shows that the 30-year fixed-rate mortgage (FRM) averaged 2.78% weekly, 10 points less than last week's average of 2.88%. A year ago, the 30-year-old FRM averaged 3.01% at this point.Again this week, the 15-year-old FRM averaged 2.12% with an average 0.7 point value, compared to last week when it averaged...
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ops-mlo-ae-jobs-servicing-dashboard-fha-pricing-voa-merchandise-company-shifts-proceed-occasions-this-week
Ops, MLO, AE Jobs; Servicing, Dashboard, FHA Pricing, VOA Products; Agency Shifts Continue; Events This WeekElaine F. reminded me of a quote from Hemingway: “Never mistake motion for action.” And basketball coach John Wooden said, “Never mistake action for achievement.” The FHFA is certain taking action, and moving toward achieving its goals, although those don’t necessarily match those of...
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Freddie Mac recently released the results of his Primary Mortgage Market (PMMS) survey, which found that the 30 year fixed rate mortgage (FRM) averaged 2.94%."Since the last high in April, mortgage rates have fallen nearly a quarter percent and stayed below 3% last month," said Sam Khater, Freddie Mac's chief economist. "Low interest rates offer homeowners an opportunity...
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low-mortgage-charges-forecast-to-proceed-boosting-millennial-homeownership
According to new research from CoreLogic, the years ahead should be auspicious for current homeowners and potential buyers.In a three-year outlook for residential real estate and mortgages, the company forecast that mortgage rates should remain low for the foreseeable future and that more millennials will start owning their own homes.Here's a more in-depth look at what real estate analytics...
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