Mortgage rates are staying down from the over 7% rates we saw earlier this year. Indeed, Freddie Mac data released Thursday found that “the average 30-year fixed-rate mortgage continues to trend down, ...
A window has just opened for recent homebuyers. Mortgage rates have fallen to the lowest level in a year, below 6.2%, and could drift even lower if the Federal Reserve continues to trim its benchmark ...
The average rate on a 30-year U.S. mortgage declined again this week, easing to just above its lowest level this year. The average long-term mortgage rate slipped to 6.27% from 6.3% last week, ...
Before the September Federal Reserve rate cut was even official, mortgage rates began to fall in anticipation, and, as a result, recently hit a three-year low. Some slight upticks followed before ...
A new class-action lawsuit claims that it’s not just high interest rates that have made mortgages more expensive. Homeowners in Tennessee, Minnesota, Delaware and Rhode Island claimed that mortgage ...
The housing market is flashing a sign of distress: surging foreclosures. The number of homes that filed for foreclosure spiked 17% last quarter, according to ATTOM. The increase is reflective of both ...
Applications for mortgages to buy a home or refinance both fell for a second week, marking a swift reversal of what had been a hopeful sign of a revival in the US housing market. The Mortgage Bankers ...
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 150 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.08% to 46,642.55 while the ...
Oct 7 (Reuters) - Mortgage software provider Optimal Blue and nearly 30 major lenders including Rocket Mortgage, CrossCountry Mortgage and United Wholesale Mortgage have been accused in a federal ...
JACKSONVILLE, Fla. — A controversial project on Yellow Bluff and Starratt Road development has been officially withdrawn after weeks of community outcry. Councilman Mike Gay said neighbors rallying ...
OceanFirst Bank will lay off more than 100 New Jersey employees as part of a plan to outsource its home mortgage operations. Beginning in the fourth quarter of 2025, the bank will partner with Embrace ...
What a difference a week makes for mortgage application demand. As we noted last week, mortgage rates were already trending lower than those captured in the weekly survey numbers from MBA and Freddie ...