The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Zillow analyst on whether home prices can keep climbing

Today’s episode of HousingWire Daily features an interview with Nicole Bachaud, as she discusses annual and monthly home price appreciation growth, rising inventory levels and rent prices.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.


Freddie Mac: Mortgage rates barely nudge

Rates stagnant amid weak housing data

Mortgage rates barely moved from the week prior amid mixed housing data, the latest Freddie Mac Primary Mortgage Market survey said.  

The 30-year, fixed rate mortgage averaged 4.20% for the week ended Sept. 25, down from 4.23% last week and 4.32% a year ago.  

The 15-year, FRM dropped to 3.36% from 3.37% a week prior. Last year, the 15-year, FRM averaged 3.37%,

Meanwhile, the 5-year Treasury-indexed hybrid adjustable rate-mortgage slightly increased to 3.08%, an increase from 3.06% last week. This is close to last year’s 3.07%.  

The 1-year Treasury-indexed ARM remained unchanged at 2.43%. At this time last year, the 1-year ARM averaged 2.63%.

“Mortgage rates were slightly changed with the rate on the 30-year fixed mortgage down three basis points. Meanwhile, existing home sales dropped 1.8 percent in August to a seasonally-adjusted annual rate of 5.05 million. Sales of new single-family homes surged 18.0 percent in August to an annual pace of 504,000 units,” said Frank Nothaft, vice president and chief economist for Freddie Mac.

“Also, the Federal Housing Finance Agency reported house prices rose just 0.1 percent on a seasonally-adjusted basis in July, and were up 4.4 percent over the past year,” Nothaft said.

Bankrate reported that after three consecutive weeks, mortgage rates pulled backed slightly, with the 30-year, FRM sliding to 4.30%, down from 4.33% the previous week.

The 15-year, FRM was unchanged at 3.46%, while the 5/1 ARM came in at 3.32%, down from 3.35% a week ago. 


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