Freddie Mac reported a four-basis-point increase in the average 30-year fixed mortgage rate
The lender expects to close its latest purchase by March
Treasury 10-year yields reached the highest level in almost seven weeks after a report showed U.S. retail sales unexpectedly increased in April, renewing optimism central-bank efforts to spur economic growth are working.
(NAR) The business activity and income of Realtors® are up for the second year in a row following nine years of decline, according to the 2013 National Association of Realtors® Member Profile.
One of the persistent snares to housing recovery in the aftermath of the recession was broad unease in the mortgage market.
Loan officers offering the FHA 203k loan program are seeing an upswing in homebuyers interested in the product, but still not as much as they’d expect.
As demand grows ever higher for mortgages, it appears homebuyers are still not doing their homework, reports one real estate website. And that could offer mortgage professionals the perfect opportunity to boost their business.
Existing-home sales eased in March from inventory constraints, which continued to pressure home prices, according to the National Association of Realtors®.