How to simplify the appraisal process for everyone in today’s hot market

The housing market isn't slowing down anytime soon, and appraisers need to make sure they have the right tools to manage the high demand.

Who’s afraid of the PSPA?

Stakeholders are divided over whether, in light of proposed changes to its capital rule, the FHFA should retool its agreement with the U.S. Treasury and remove policies some say never belonged there in the first place.

Back to the Future of Mortgage Lending

This webinar will discuss what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on jobs data and the bond market

In this episode of HousingWire Daily, Logan Mohtashami discusses what the jobs data, changes in the bond market, and the Omicron variant could mean for housing.


Freddie Mac: Increasing uncertainty pushes mortgage rates lower

Hit lowest level in nearly 7 months

Mortgage rates fell once again this week to the lowest level in almost seven months, but remained higher than last year’s rates.  

“Mixed economic data and increasing uncertainty are continuing to push rates to the lowest levels in nearly seven months,” Freddie Mac Chief Economist Sean Becketti said.

Click to Enlarge


(Source: Freddie Mac)

The 30-year fixed-rate mortgage dropped to 3.89% for the week ending June 8, 2017. This is down from last week’s 3.94% but still up from 3.6% last year.

The 15-year FRM also decreased, falling from 3.19% last week to 3.16% this week, but it remains higher than last year’s 2.87%.

The five-year Treasury-indexed hybrid adjustable-rate mortgage held steady at 3.11%. This is higher than last year’s 2.82%.

“The 10-year Treasury yield fell three basis points this week,” Becketti said. “The 30-year mortgage rate moved in tandem with Treasury yields, falling five basis points to 3.89%.”

Most Popular Articles

Pending home sales shock 2021 housing crash bears

Pending home sales beat estimates and we can now say the 2021 housing crash bears are even worse forecasters than the 2020 housing crash bears.

Nov 29, 2021 By

Latest Articles

HUD ends silence on targeted lending programs

HUD on Tuesday resolved uncertainty around special purpose credit programs, 45 years after Congress allowed lenders to tailor products to groups that have historically been excluded from homeownership.

Dec 07, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please