“Mortgage rates moved up for the second consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “The economy is showing signs of resilience, mainly due to consumer spending, and rates are increasing.”
Read More »Good News for Buyers: Mortgage Rates Inch Down
“Mortgage rates inched down again, with the 30-year fixed-rate down nearly a full point from November, when it peaked at just over 7%,” said Sam Khater, Freddie Mac’s Chief Economist.
Read More »Eye on The Industry: Updates on Mobile Closings, Tech Platforms, and More
NotaryCam, a provider of online notarization and mortgage eClosing solutions, announced that Fidelity National Financial (FNF), will allow the use of NotaryCam to deliver remote online notarization (RON) ...
Read More »Mortgage Rates Climb Higher
Fixed rate mortgages rose for the third-consecutive week, according to Wednesday’s Freddie Mac’s Primary Mortgage Market Survey (PMMS). “After dropping dramatically in late March, mortgage rates have modestly ...
Read More »Interest Rate Hikes & the 3 Loan Types Impacted
Sam Khater, Chief Economist at Freddie Mac, examined how rising interest rates are influencing the market, with a handy loan-type breakdown.
Read More »Mortgage Applications Down as Interest Rates Rise
A report tracking contract interest rates for U.S. mortgages as well as total applications has just been released. Read here to find out which contract interest rates went up the most.
Read More »Mortgage Apps Decline Despite Stable Rates
Applications for loans decreased even though mortgage rates remained relatively stable. Here’s how the average contract rates and other indices performed during the week.
Read More »Mortgage Rates Continue Upward Trend
The expectation on future hikes by the Federal Reserve as well as increased borrowing by the U.S. Treasury drove mortgage interests up according to the Primary Mortgage Market ...
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