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.

Inside Look: RealTrends 2021 Brokerage Compensation Study

Steve Murray, senior advisor to RealTrends, gives an exclusive first look at the 2021 RealTrends Brokerage Compensation Report.

Logan Mohtashami on trends in forbearance exits

In this episode of HousingWire Daily, Logan Mohtashami discusses several hot topics in the housing market, including recent trends in forbearance exits and future homebuyer demand in the midst of inventory shortages.

How lenders can prepare for increasing regulatory pressures

As compliance becomes an increased focal point for mortgage lenders and investors, staying ahead of state and federal regulations can be the difference between a flourishing business and one mired in fines.

Mortgage

Freddie Mac: Interest rates increase in U.S. and across the globe

30-year sees increase of eight basis points

Interest rates increased this week across the globe, and the U.S. followed suit with a jump in the 10-year Treasury.

“Global interest rates turned up sharply over the last week,” Freddie Mac Chief Economist Sean Becketti said. “The 10-year Treasury yield was no exception, increasing 10 basis points in a holiday-shortened week.”

Click to Enlarge

7-6-17

(Source: Freddie Mac)

The 30-year fixed-rate mortgage increased to 3.96% for the week ending July 6, 2017. This is a significant increase of eight basis points from last week’s average of 3.88%, and is up from last year’s 3.41%.

The 15-year FRM also increase, hitting an average 3.22% for the week. This is up from last week’s 3.17% and last year’s 2.74%.

The five-year Treasury-indexed hybrid adjustable-rate mortgage increased to 3.21%, up from 3.17% last week and 2.68% last year.

“The 30-year mortgage rate followed suit, rising eight basis points to 3.96%,” Becketti said.

Most Popular Articles

Treasury removes restrictions on investment properties

The Treasury Department and FHFA announced Tuesday that they are suspending certain requirements that were added in January to the Preferred Stock Purchase Agreements (PSPAs) between Treasury and Fannie Mae and Freddie Mac.

Sep 14, 2021 By

Latest Articles

Natural disasters and forbearance: What borrowers and mortgage servicers need to know

The United States is grappling with a sharp rise in natural disasters, including wildfires, an active hurricane season, floods, tornadoes and mudslides. The mortgage industry needs to be proactive in examining programs to help borrowers recover.

Sep 17, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please