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Mortgage rates climbs to highest level since November
Orange County Register· 6 days agoThe average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate ...
The US could give homeowners a $980 billion stimulus at no additional cost, 'Oracle of Wall Street'...
Business Insider via Yahoo Finance· 2 days ago"For the many homeowners who purchased or refinanced their homes during a period of lower mortgage...
Dan Gilbert's Rocket Companies returned to profitability in the first quarter 2024
Detroit Free Press via Yahoo Finance· 3 days agoLike other mortgage lenders, Rocket has seen a drop in business since early 2022 when mortgage rates...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 3 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the 30-year fixed < ...
US Economy News Today: Rising Interest Rates Suppress Mortgage Demand
Investopedia· 4 days agoHigher borrowing costs continue to drive down demand for home loans, with the number of mortgage applications lower again this week. Mortgage applications ...
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 4 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
Earnings call: New York Mortgage Trust reports Q1 challenges
Investing.com· 3 days agoNew York Mortgage Trust (NASDAQ: NYMT ), a real estate investment trust, reported a challenging...
Average long-term US mortgage rate rises for again, reaching highest level more than five months -...
7 News Miami· 3 days agoThe rate rose to 7.22% from 7.17% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds of dollars a month ...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 2 days agoWebster First Federal Credit Union has been helping members with their lending needs since 1928. In 2023, they lent over $64.6 million in mortgages and home equities and $143 ...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 3 days agoBen Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized...