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.

A real estate professor weighs in on the future of MLSs

According to research done by Sonia Gilbukh, a real estate professor at Baruch College, there are some reasons to be concerned about the current number of real estate agents and the future of MLSs.

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.

Mortgage

Freddie Mac: Mortgage rates at 21-month low

Economic factors push rates down

Average fixed mortgage rates moved lower for the first time in four weeks and remaining near late May, 2013 lows, according to the weekly Freddie Mac survey.

It seemed to have little impact on mortgage applications

The 30-year fixed-rate mortgage averaged 3.75% with an average 0.6 point for the week ending March 5, 2015, down from last week when it averaged 3.80%. A year ago at this time, the 30-year FRM averaged 4.28%. 

“Mortgage rates fell across the board, with the 30-year fixed rate mortgage reading 3.75% this week,” said Len Kiefer, deputy chief economist, Freddie Mac. “Real GDP growth for the fourth quarter was revised down to 2.2%. Consumer prices fell more than expected in January, tumbling 0.7%.”

The 15-year FRM this week averaged 3.03% with an average 0.6 point, down from last week when it averaged 3.07%. A year ago at this time, the 15-year FRM averaged 3.32%. 

The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.96% this week with an average 0.5 point, down from last week when it averaged 2.99%. A year ago, the 5-year ARM averaged 3.03%.

The 1-year Treasury-indexed ARM averaged 2.44% this week with an average 0.4 point, unchanged from last week. At this time last year, the 1-year ARM averaged 2.52%.  

 

 

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