Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.32 percent.
“Economic uncertainty continues to bring mortgage rates down,” said Sam Khater,
Redfin’s Homebuyer Demand Index, which measures requests for tours and other buying services from our agents, jumped as prices fell for the sixth-straight week and mortgage rates declined for the third week in a row. But a lack of new
Despite slim pickings and affordability challenges, buyers got a jump on spring shopping in March, but rising rates could cause a late-spring frost
Spring is officially here, and like green shoots emerging from the bleak winter, new data suggests that
The Mortgage Partnership Finance® Program (MPF®) recently surpassed $1 billion in Credit Enhancement (CE) income paid to almost 1,600 Federal Home Loan Bank (FHLBank) member financial institutions. Through the MPF Traditional products, FHLBank members have the option to receive additional income for
Mortgage applications increased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 24, 2023.
The Market Composite Index, a measure of mortgage loan application volume, increased 2.9 percent on
Last week was another eventful week for the markets. There was a lot of anticipation regarding the meeting of the Federal Reserve, especially after Chairman Powell testified before Congress just a few
– Extraco Banks will use Empower to spearhead its move into the digital lending arena
– The cloud-based Empower LOS and its full digital ecosystem, will help the bank automate manual processes and allow loan officers to communicate better with borrowers
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A new report by RE/MAX explores the cultural context and influential trends set to shape the real estate industry in the U.S. as homebuyers and sellers of all generations become increasingly pragmatic in their real estate search
With 2022 having
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has announced the results of its “Safest
