Monthly Archives: November 2020

Mortgage bond prices finished the week lower which put upward pressure on rates. We started the week on a terrible note Monday morning as stocks gained 1500 points in early trading and rates rose sharply. The Fed continued their MBS

Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool.

The MCAI rose by 2.3 percent to

Freddie Mac (OTCQB: FMCC) announces the pricing of the SB80 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to issue

– Newly listed properties are down double-digits compared to last year

– Home prices continue to evade the usual seasonal slowdown

– The number of days on market holds steady at nearly two weeks faster than

Every metro area tracked by the National Association of Realtors® during the third quarter of 2020 saw home prices increase from a year ago, according to NAR’s latest quarterly report, released today.

Due in large part to record-low mortgage rates

 Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey^® (PMMS^®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.84 percent.

“Mortgage rates jumped this week as a result

Sellers are being rewarded amid strong demand for homes as buyers are striking quickly with competitive offers when they find a home they like

– More than one in five homes sold above their list price in September (22.4%),