Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022
Freddie Mac Mortgage Rates Fall Two Weeks Straight
Dated: April 17 2014
According to the latest Freddie Mac Primary Mortgage Market Survey, the average 30-year, fixed-rate mortgage averaged 4.27% for the week ending April 17, down from 4.34% a week ago, but up from 3.41% a year earlier.
Furthermore, the 15-year FRM decreased to 3.33%, a fall from last week’s 3.38%, but significantly up from 2.64% for the same period in 2013.
The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.03% this week, down from 3.09% a week ago, but up from 2.60% last year. Read More Here...
For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 30 years in the industry, Mark has gained experience in ....
Latest Blog Posts
When you make an offer on a house, you might be wondering: How long does it take a home seller to respond to your offer?There’s nothing worse than sitting around waiting—especially when you’re
Servicers’ forbearance portfolio volume fell once again last week, as exits remained elevated compared to requests or re-entries. The total number of loans in forbearance dropped by eight basis
How much does it cost to build a house? The median price of constructing a single-family home is $296,652. That’s for an average-sized house of 2,594 square feet, which boils down to $115 per