Articles Tagged with ''Mortgage''

Freddie Mac: Mortgage rates slightly fall

Affordability plagues the housing industry
Mortgage rates decreased slightly this week, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says going forward, the strong economy will support the housing market, but affordability pressures will lead to continued softening in home price growth.
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The last domino: Zillow is getting into the mortgage business

First homebuying, now lending
The dramatic reshaping of Zillow’s place in the real estate ecosystem is about to take a giant step forward, as the online real estate behemoth announced Monday that it is getting into the mortgage business. To power its expansion into mortgages, Zillow is buying Mortgage Lenders of America.
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LRES announces new SVP of corporate administration

Jill Haro will oversee the vendor management department
LRES Corp., a national residential and commercial mortgage services company, recently announced it promoted Jill Haro to the position of senior vice president of corporate administration.Haro has more than 15 years of experience in the real estate mortgage services industry and was recognized as a vital leader in the effort to grow the company’s business and market share.
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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 hit highest level this year

Unsold inventory rises the first time in three years
Mortgage rates inched forward this week, finally reaching its highest level since June 2017, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says although the economy is healthy, affordability is still a concern for the housing market.
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How should you pay off your mortgage?

Four strategic ways homeowners can pay off mortgages faster
Young adults entering the housing market are expected to create a vast demand for potential homeownership, but will they be able to afford mortgage payments? Luckily, an article by USA Today highlights strategic ways homeowners can pay off their mortgages better and faster.
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American Mortgage Consultants acquires The Barrent Group

Company expands to the Midwest
Following through on its promises of expansion, American Mortgage Consultants recently announced the acquisition of The Barrent Group's operations center and 50 of its mortgage professionals. TBG’s President Richard Barrent said the transaction with AMC was a good fit for his company because it will allow employees to continue serving clients.
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FHFA: Home prices see slight increase in May

Increases in West South Central and Mountain division
Home prices increased slightly in May, rising only 0.2% from April, according to the latest House Price Index from the Federal Housing Finance Agency, demonstrating a continual slow down in home price gains.
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