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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...
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...
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...
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 ...
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...