Freddie Mac CEO: We will help increase mortgage lending

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition

MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year

Fitch: Two-year run of home price growth is over

“Several markets are still overvalued”
W S

Items Tagged with 'mortgage rates'

ARTICLES

Mortgage applications surge 11.6% on lower rates

Refis jump 23%; refi share is 65% of apps
Trey Garrison
Mortgage applications increased 11.6% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending October 17, 2014.
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September existing-home sales jump to highest annual pace

Sales rise as rates drop
Brena Swanson
Despite last month’s slight retreat, existing-home sales jumped back up to their highest annual pace of the year. And on top of that, all major regions except for the Midwest experienced gains in September.
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Fannie Mae to raise modification interest rate

New rate effective on Oct. 14
Ben Lane
“The Fannie Mae Standard Modification interest rate is not determined on a preset schedule,” Fannie said in the note to its servicers. “The interest rate is subject to periodic adjustments based on an evaluation of prevailing market conditions.”
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Zillow: Mortgage rates fall below 4%

30-year, fixed mortgage rate fell throughout last week
Ben Lane
“Mortgage rates inched up briefly last week on the heels of Friday’s stronger-than-expected jobs report before falling sharply on Monday, hitting 11-week lows,” said Erin Lantz, vice president of mortgages at Zillow.
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Credit Suisse: This is slowing down homeownership

Home affordability no longer as compelling
Brena Swanson
Affordability is no longer a compelling motivator for first-time homebuyers due to the recent increase in housing costs, according to a new report from Credit Suisse.
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Freddie Mac: Mortgage rates produce mixed results

Buoyed by positive GDP report
Brena Swanson
Mortgage rates got caught up in the mix of housing reports and a positive GDP report, resulting in rates moving slightly down for the week.
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Freddie Mac: Mortgage rates barely nudge

Rates stagnant amid weak housing data
Brena Swanson
Mortgage rates barely moved from the week prior amid mixed housing data, with the 30-year, fixed rate mortgage averaging 4.20% for the week ended Sept. 25.
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Freddie Mac: Mortgage rates move to 3-month high

Biggest one-week gain this year
Brena Swanson
"Although mortgage rates were up very modestly this week, with mortgage rates at the top end of that narrow range, it is enough to put the benchmark 30-year fixed mortgage rate at a 3-month high," Bankrate said.
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Here’s why mortgage rates won’t hit 2014 expectations

Originally estimated to reach 5%
Brena Swanson
Mortgage rates have continuously defied expectations in 2014. Originally estimated to hit 5% by the end of this year, September's 30-year, fixed-rate mortgage averaged 4.12%.
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Freddie Mac: Mortgage rates continue to remain low

Edging slightly higher
Brena Swanson
Mortgage rates continue to barely move, slightly edging higher for the week ended Sept. 11. Rates remain low, according to the Freddie Mac Primary Mortgage Market Survey.
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