Mortgage demand gets a boost as rates decline for three straight weeks
As the 30-year fixed rate dropped for the third straight week, homebuyers responded, giving a boost to mortgage applications.Â
Mortgage Bankers Association
FHFA to expand payment deferrals for borrowers facing hardships
The FHFA said Fannie and Freddie will now allow borrowers facing eligible financial hardships to defer up to six months of mortgage payments.
Mortgage rates fall for fourth week in a row – CNN
Mortgage rates fall for fourth week in a row CNN
Biden asked to exempt housing programs from Buy America rule
A group of affordable housing advocates are calling on the Biden Administration to specify that the Build America, Buy America Act does not apply to certain single-family and multifamily properties. The Act requires that all of the iron, steel, manufactured products and construction materials used in infrastructure projects be produced in the U.S. BABA is … [Read more…]
Homebuyers move swiftly to ‘lock in a good deal now’: Mortgage rates continue to melt as economists dream of a real estate ‘rebound’ in spring – Yahoo Finance
Homebuyers move swiftly to ‘lock in a good deal now’: Mortgage rates continue to melt as economists dream of a real estate ‘rebound’ in spring Yahoo Finance
Mortgage demand from homebuyers drops to a 28-year low – CNBC
Mortgage demand from homebuyers drops to a 28-year low CNBC
MISMO taps mortgage banking expert as president
MISMO, the real estate finance industry’s standards organization, has announced the appointment of mortgage banking specialist David Coleman (pictured) as its new president, effective April 3. The group tapped Coleman, who brings over 25 years of industry experience, as its new leader. Coleman has served as an independent industry consultant for several mortgage and financial … [Read more…]
Fannie Mae forecast pushes recession start out to 2H23
Fannie Mae cut its mortgage origination forecast for 2023 by 8%, while reducing next year’s outlook by 7%, as it pushed out its timing for the start of a recession to the second half of this year. Its March prediction now calls for $1.55 trillion of mortgage originations during 2023, down from $1.69 trillion in … [Read more…]
Today’s Mortgage, Refinance Rates: March 24, 2023 | Rates Drop Sharply – Business Insider
Today’s Mortgage, Refinance Rates: March 24, 2023 | Rates Drop Sharply Business Insider
Current national mortgage and refinance rates, March 24, 2023 … – Bankrate.com
Current national mortgage and refinance rates, March 24, 2023 … Bankrate.com