The next wave of servicing regulation is coming – Are you ready?

Join this webinar to learn what servicers need to know about recent and upcoming servicing compliance regulations and strategies experts are implementing to prepare for servicing regulatory audits.

How demographics shaped the housing market in 2021

The U.S. housing market entered a period of the best housing demographics ever recorded in history the same year that COVID grabbed hold of us.

Daryl Fairweather on the housing shortage, climate change

In this episode of HousingWire Daily, Redfin's Daryl Fairweather explains how the public policies and business decisions made after the housing bubble burst in 2008 capped who is able to buy a house and led to the current inventory shortage.

Keep Up With the Latest Third Party Origination News

Want to stay up to date with the latest on the third party origination front? We designed a specific news hub with lenders and brokers in mind, with Rocket Pro TPO leading the discussion.

Mortgage

Freddie Mac: Mortgage rates remain unchanged

Hovering near all-time lows

Mortgage rates didn’t move this week as the market remains cautious before gaining more information on the second quarter’s GDP growth.

“Markets are erring on the side of caution ahead of the second estimate for second-quarter GDP and Fed Chair Janet Yellen’s speech on Friday,” Freddie Mac Chief Economist Sean Becketti said.

Click to Enlarge

08-25-16

(Source: Freddie Mac)

The 30-year fixed-rate mortgage averaged 3.43% for the week ending August 25, 2016. This is unchanged from last week and down from last year’s 3.84%.

Likewise, the 15-year FRM remains unchanged from last week at 2.74%, but down from last year’s 3.06%.

The five-year Treasury-indexed hybrid adjustable-rate mortgage increased slightly to 2.75%, up from last year’s 2.74% but down from last year’s 2.9%.

“Treasury yields were little changed from the prior week and the 30-year fixed-rate mortgage held steady at 3.43% this week,” Becketti said. “This marks the ninth consecutive week that mortgage rates have been below 3.5%.”

Most Popular Articles

Red-hot US housing market begins to cool

Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak.

Sep 13, 2021 By

Latest Articles

Sandra Thompson should be the permanent FHFA director

David Stevens writes: As I look at the work she has done in the short time since being in the role, I have come to one clear conclusion; Sandra Thompson should be the permanent FHFA director.

Sep 16, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please