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Freddie Mac has reported that 30-year fixed-rate mortgage (FRM) averaged 3.50 percent

Mortgage Rates Drop as COVID-19 Cases Rise Nationwide

Freddie Mac has reported that 30-year fixed-rate mortgage (FRM) averaged 3.50 percent, with an average 0.7 point for the week ending March 26,...
mortgage

Mortgage rates drop as the Fed moves to stabilize the economy

The average U.S. fixed rate for a 30-year mortgage fell to 3.5% this week, representing the first decline in three weeks, according to...
Three-year low in rates makes 11.3 million mortgages refi-eligible

With Fed’s unlimited MBS buying, how low can mortgage rates go?

The Federal Reserve’s pledge on Monday to buy unlimited amounts of Treasuries and mortgage bonds to stabilize the markets may have the same...
US mortgage rates climb this week; 30-year loan at 3.65%

US mortgage rates climb this week; 30-year loan at 3.65%

WASHINGTON (AP) — U.S. long-term mortgage rates climbed this week in a whip-sawing market amid deepening anxiety over devastation...
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Will Mortgage Rates Continue to Drop in 2020?

The coronavirus is wreaking havoc on the global economy, but there is one bright spot here in America. Thirty-year mortgage rates in the U.S....
According to the National Association of Realtors (NAR), existing-home sales climbed substantially in February after a slight decline in January

Low Rates Push Existing-Home Sales to Highest Point in 13 Years

  Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 6.5 percent from January to a seasonally-adjusted annual rate...
Judge Hands Down Verdict in PennyMac Default Case

Tracking Default Rates – DSNews

The latest S&P/Experian Consumer Credit Default index found the composite rate for default was 1.02% in February—unchanged from the prior month.  The report states...
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage averaged 3.65 percent with an average 0.7 point for the week ending March 19, 2020

Rates Rise as Pandemic Forces Homebuyer Interest to Fall

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage averaged 3.65 percent with...
Mortgage Rates Spike

Mortgage Rates Spike

Having inched up from an all-time low of 3.29 percent to 3.36 percent last week, the average rate for a benchmark 30-year mortgage...
Mortgage rates continue climbing from all-time low as lenders combat demand

Mortgage rates continue climbing from all-time low as lenders combat demand

The average U.S. fixed rate for a 30-year mortgage increased to 3.65% this week, as lenders seemingly inflated prices in an effort to...

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Both the Federal Reserve and the U.S. Department of the Treasury announced plans Monday morning to provide additional liquidity into the economy and...
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Covid-19 Update March 24, 2020

A message from the Clothier family, REI Nation, and PPMG Property Management… Hey everyone, this is Chris Clothier and on behalf of...
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