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Promotion came after mortgage industry exec spent a year developing strategic initiatives for the lender GVC Mortgage, Inc., a family-owned mortgage lender offering various loan programs including ...
The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody's downgraded the U.S. credit rating on Friday over concerns ...
Mortgage rates continued to increase across the United States, with experts attributing the rise to more real estate inventory. But on Long Island, inventory remains low and continues to put ...
Mortgage rates rose for the third straight week last week to the highest level since January, but some homebuyers were undeterred. Mortgage applications to purchase a home climbed 2% compared with ...
This means 3 fewer hours where trading volatility can have an impact on mortgage rate movement. Said more simply: the day is basically over when it comes to potential intraday rate changes.
Mortgage bonds supported by government-backed companies like Fannie Mae and Freddie Mac were trading slightly wider Monday morning after Moody’s Ratings downgraded the US late last week.
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...
More Ontarians are missing mortgage payments than at any time since Equifax started tracking them in 2012, according to new data from the credit agency. “Delinquencies are really still rising ...
After several weeks of sitting stagnant, mortgage rates surged higher Monday following Moody’s decision to downgrade the U.S. credit rating. Bond yields rose after the late Friday announcement ...
Mortgage rates are inching back toward 7%, highlighting the ongoing strain on US home buyers. The average rate on a standard, 30-year fixed mortgage was 6.86% in the week ending May 22, the ...
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But at a time when mortgage rates remain stubbornly high and home prices keep climbing, some economists have warned that attempts at privatizing Fannie and Freddie could upset the balance in the ...
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