Articles Tagged with ''mortgage rates''

MBA: Mortgage applications fall 3%

5/1 ARMs reverse course this week, falling 4.07%
Mortgage applications decreased 3% from last week, and the USDA share of total applications remained unchanged at 0.8%, according to the latest data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
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Freddie Mac: Mortgage rates reach fourth highest level of 2018

30-year fixed-rate mortgage in second consecutive week of 4.6%
Mortgage rates climbed higher this week, reaching its fourth highest level of 2018, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says potential high inflation and borrowing costs will modestly rise in coming months.
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Freddie Mac: Mortgage rates are virtually stagnant

Sluggish construction activity deterring growth
Mortgage rates remained flat this week, likely due to a lack of construction activity, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said mortgage rates moved sideways, primarily because of the mixed bag of economic data released this week.
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Freddie Mac: Mortgage rates moderately increase

Higher wages and better benefits increase home affordability
Rising employment and increasing wages led to a slight climb in mortgage rates, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says global trade tensions are keeping investors cautious, thus borrowing costs have become more affordable for potential homebuyers.
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Freddie Mac: Mortgage rates decline again

Rates continue to drop
Mortgage rates continue their declining trend, according to Freddie Mac's latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says that after a rapid increase throughout most of the spring, mortgage rates have now declined in five of the past six weeks.
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Freddie Mac: Mortgage rates finally settle down

Rates continue to decline
Mortgage rates declined in four of the past five weeks, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says that over the past two months mortgage rates have stabilized and are finally starting to settle down.
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The cost of originating a mortgage just got ridiculous - again

Lenders go negative for first time since 2014
Lenders continue to struggle in the rising mortgage rate environment, reporting negative profits for the first time since Dodd-Frank compliance brought down profits in 2014. In fact, falling volume drove net production profitability into the red for only the second time since the inception of the MBA’s report in 2008.
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