The average rate on the popular 30-year fixed mortgage hit 3.70% on Friday, the lowest since November 2016, according to Mortgage News Daily. That rate will likely dip even lower Monday, as bond yields continue to fall. The drop last week meant that 8.
Aug 05, 2019 |
The mortgage market had one of its most significant quarters since the financial crisis as falling rates prompted a flurry of refinancing and an uptick in purchases. The 30-year mortgage rate unexpectedly dropped to below 4% in May and has remained near
Jul 30, 2019 |
The bubble in the mortgage prepayment rate burst in June. Black Knight, in its "first look" at the month's loan performance statistics, said the single month mortality rate (SMM), the pace at which mortgages are paid down or
Jul 23, 2019 |
Rates aren’t the only thing hitting the brakes. Home price growth saw a 13-month slowdown in April, which was another win for homebuyers hoping to break into a seller’s market. However, by May prices started to ramp up again — breaking t
Jul 12, 2019 |
Recent data from Trulia shows that inventory is rising for starter homes and trade-up properties—but likely not enough to satisfy demand. According to the real estate marketplace’s recent analysis, starter home inventory was up 3.5%
Jul 09, 2019 |
$100,000 to $500,000 Private Money Loan against Investment Property Close in 10 days or less 12% interest Only + 4 points Minimum 6 months of Inerest Based on Equity not FICO Score REQUIREMENTS: 60% Loan to Value or Less Loan Application Credit Re
Jun 21, 2019 |