Items Tagged with 'Interest rates'

ARTICLES

Freddie Mac: 30-year mortgage rate about to start rising?

Still at yearly lows...for now
While mortgage rates still sit at the lowest level in 2016, this could start to change. Wednesday's news from the Federal Reserve sent a warning to investors that rate hikes this year are a very likely possibility. So what does the news mean for today's low interest rates?
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MBA: 30-year mortgage rate predicted to hover around 4%

Refinance applications salvage mortgage lending
Get used to low mortgage rates because they are not expected to go away anytime soon. Mike Fratantoni, chief economist for the Mortgage Bankers Association, in a press conference at the MBA Secondary conference in New York City, gave insight on how the MBA expects the mortgage market to look moving forward.
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Jobless claims increase by 20,000

Highest level since February
The housing industry's focus continues to remain set on the labor market, as the latest jobless claims report posts filings increased in the week ending May 7. Jobs are in the spotlight since it’s a significant factor in whether or not the Federal Reserve will raise interest rates.
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Affordable mortgage rates? Loan originations fall to two-year low

RealtyTrac report shows first-quarter refinance originations down 20% from 2015
Despite the fact that mortgage interest rates routinely hovered around "historic" lows for much of the first quarter, loan originations fell to their lowest level in two years, according to a new report from RealtyTrac. What drove the decrease? Click through to find out.
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Monday Morning Cup of Coffee: Housing limbo due to homebuilder compliance costs?

The questionable future of interest rates
The housing inventory crisis has created a roadblock during the spring buying season, and it doesn't look like it will be ending anytime soon. As far as when the Fed will raise interest rates, no one seems to have a clue. Experts are widely divided, with only a little more than a month left until the Federal Open Market Committee meets again in June.
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Freddie Mac: Historically low interest rates stick around

Sit just above their low point for 2016
The historically low interest rates that are negatively impacting most companies’ first-quarter earnings are sticking around, looking at Freddie Mac's latest Primary Mortgage Market Survey. Mortgage rates now hover just above their low point for the year, which is good news for homebuyers.
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Walter Investment tanks thanks to low interest rates

Posts GAAP net loss of $172.7 million in first quarter, stock plummets
The first quarter's historically low interest rates did more than just negatively impact the earnings of Freddie Mac, which reported a $354 million net loss in the first quarter. The quarter's low rates also obliterated the bottom line of Walter Investment Management Corporation.
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