The spread between 30-year mortgages and 10-year yields typically fluctuates between 100 and 300 basis points. Read more here ...
Another common trend in today’s first-time homebuyer market is private mortgage insurance, or PMI, which allows first-time ...
In an interview Sunday, President Donald Trump refused to rule out a full-blown recession, which sent US stocks tumbling.
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.6%, up 0.04 percentage point from the previous week, ...
“As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since ...
More homes are expected to come onto the market as the spring homebuying season gets underway. Continued improvements in mortgage rates, which have declined for seven straight weeks, could lead to ...
Mortgage rates fell for a seventh week in a row, according to mortgage buyer Freddie Mac. The average rate on the 30-year fixed mortgage is 6.63%.
Goldman Sachs analyst Susan Maklari lowered Lennar and KB Home price forecasts due to a challenging market. Despite a slight ...
It may seem counterintuitive, but growing economic concerns are pulling down mortgage rates. When investors seek a safe haven ...
On a mortgage for a median-priced $400,000 home with a 10% down payment, a drop in rates of even half a percentage point, from 7% to 6.5%, saves the buyer about $120 per month, Lisa Sturtevant, chief ...
Based on new data from Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage (FRM) ...