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What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via AOL· 3 days agoNew adjustable mortgage products are structured to change every six months rather than every 12...
Mortgage rates climbs to highest level since November
Orange County Register· 5 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· 1 day agoA housing proposal could unlock nearly $1 trillion for homeowners, Meredith Whitney wrote for the FT. The idea is for Freddie Mac to start purchasing secondary mortgages, ...
Average long-term US mortgage rate rises for again, reaching highest level more than five months -...
7 News Miami· 2 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 ...
Earnings call: New York Mortgage Trust reports Q1 challenges By Investing.com
Investing.com· 2 days agoNew York Mortgage Trust (NASDAQ:NYMT), a real estate investment trust, reported a challenging first...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 2 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 < ...
Paramount Pulls in $575M Refi at 60 Wall Street
The Real Deal· 1 day agoThe real estate investment trust led by Albert Behler scored a $575 million mortgage for 60 Wall Street, Crain’s reported. Behler announced the financing...
ARM Applications At Year's Highest So Far, As Rates Fail To Budge
National Mortgage Professional· 3 days agoMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate...
Secondary mortgage market adjusts to higher-for-longer rates - HousingWire
HousingWire· 2 days agoBen Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized...
US Economy News Today: Rising Interest Rates Suppress Mortgage Demand
Investopedia· 3 days agoHigher borrowing costs continue to drive down demand for home loans, with the number of mortgage applications lower again this week. Mortgage applications ...
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