4 alternative housing finance structures that could work

A Congressional Budget Office report says that over the next 10 years it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie Mae and Freddie Mac are expected to create.

Mortgage rates inch back slightly, yet remain mostly flat since spring

Mortgage rates inched back for the third straight week according to mortgage giant Freddie Mac’s most recent Primary Mortgage Market Survey.

Building Momentum for Mortgage Rates

There is a building momentum in mortgage rates, with the average 30-year, fixed rate up for the second straight week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 30-year fixed increased to 4.6 percent, up from 4.54 percent the prior week. The average 15-year, fixed, meanwhile, rose to 4.08 percent, up from […]

The post Building Momentum for Mortgage Rates appeared first on RISMedia.

Mortgage rates leap to fourth highest level of the year

Mortgages rates rose for the second consecutive week, according to the latest Primary Mortgage Market Survey from Freddie Mac. 

Freddie Mac reports $2.4B in comprehensive income in Q2

Freddie Mac posted a comprehensive income of $2.4 billion in the second quarter of 2018, up from $2.2 billion it posted in the first quarter of 2018.

Mortgage Rates Roused After Slipping for Weeks

Mortgage rates roused this week, with the average 30-year, fixed mortgage at a 4.54 percent rate, up from 4.52 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage rate was 4.02 percent, up from 4 percent the prior week, and the five-year, Treasury-indexed hybrid adjustable mortgage […]

The post Mortgage Rates Roused After Slipping for Weeks appeared first on RISMedia.

After early month dip, mortgage rates tick back up in July

Mortgage rates are up to their highest level since late June, according to the latest Primary Mortgage Market Survey from Freddie Mac. 

Why AI could be the next big thing in mortgage approval

With many expressing dissatisfaction about the speed of the current loan approval process, artificial intelligence (AI) may soon play a major role in deciding how much mortgage one can get.

Mortgage rates decline again after steady rise throughout the spring

Mortgage rates dipped for the fifth time in six weeks according mortgage giant Freddie Mac’s most recent Primary Mortgage Market Survey.

Again, Mortgage Rates Settle

For the fourth time in five weeks, mortgage rates have settled, with the average 30-year, fixed mortgage at 4.55 percent, a decline from 4.57 percent the prior week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed mortgage was at a 4.04 percent rate, flat from the prior week, but the […]

The post Again, Mortgage Rates Settle appeared first on RISMedia.