The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
Such so-called pending sales are an indicator of future closings and the most current indicator of activity in the market.
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
according to the Mortgage Bankers Association. This week's decline in the cost of home loans reflects a pullback in the bond yields that lenders use as a guide to price mortgages, specifically the ...
OAKLAND, CALIFORNIA / ACCESS Newswire / January 30, 2025 / CMG Home Loans, the retail division of well-capitalized privately ...
"With the Fed on hold, we do expect that longer-term rates, including mortgage rates, will also stay within a narrow range for the foreseeable future,” said Mike Fratantoni, chief economist at the ...
The Mortgage Bankers Association (MBA) is a trade association representing members of the real estate finance industry. Its total member complement is more than 2,200 companies and includes ...
Led by the California Mortgage Bankers Association, five lenders have made commitments to provide mortgage relief for the victims of the ...
Last week, mortgage applications fell 17%, according to the Mortgage Bankers Association (MBA). Year over year, the MBA refinance index was up 111% while the purchase index was only up 7%.
(RTTNews) - Cullen Frost Bankers (CFR) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates. The company's earnings came in at $153 ...
The Mortgage Bankers Association, whose readings are often slightly higher than Freddie Mac’s, says the average rate on the 30-year fixed-rate mortgage hit 7.09% at the end of last week.
The weekly survey of mortgage application activity from the Mortgage Bankers Association (MBA) is no exception, for the most part. Refinancing picked up in the summer months as rates fell ...
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