Browsing Tag:Recovers

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MCLEAN, Va., Feb. 6 / PRNewswire / - Freddie Mac (OTCQB: FMCC) quarterly forecast mortgage rates will continue to rise, with the 30-year fixed rate mortgage averaging just over three percent by the end of 2021. "As the economy continues to improve, we expect conditions for the real estate and mortgage markets to remain generally favorable," said Sam...
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Non-government lenders continue to return to mortgage lending after fleeing at the start of the pandemic. The Mortgage Bankers Association (MBA) says this has helped increase the supply of jumbo mortgages for six consecutive months and helped improve the MBA Mortgage Credit Availability Index(MCAI) rose slightly in March. The index rose 0.6 percent last month to 125.4....
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