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.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

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 rise for the fourth consecutive week

The 30-year fixed-rate mortgage averaged 4.2% this week

Mortgage interest rates have now risen for the fourth consecutive week, according to the latest Freddie Mac Primary Mortgage Market Survey.

The 30-year fixed-rate mortgage averaged 4.2% for the week ending April 25, 2019, slightly up from last week’s rate of 4.17%

Notably, this week’s rate is moderately lower than last year’s rate of 4.58%.

“Despite the recent rise in mortgage rates, both existing and new home sales continue to show strength – indicating the lagged effect of lower rates on housing demand,” Freddie Mac Chief Economist Sam Khater said. “This, along with improved affordability, should push housing activity higher in the coming months.”

The 15-year FRM averaged 3.64% this week, crawling forward from last week’s 3.62%. This time last year, the 15-year FRM sat much higher at 3.74%.

Lastly, the five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.77%, inching backwards from last week’s rate of 3.78. Once again, this rate remains slightly higher than the same time period in 2018, when it averaged 3.74%.

 (Click to enlarge)

Freddie Mac: mortgage Rates 4/25/19

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