The average 30-year fixed-rate mortgage fell eight basis points from the week prior to 2.9%, according to data released Thursday by Freddie Mac's PMMS. According to Sam Khater, Freddie Mac's chief economist, last weeks dip followed the concurrent drop in U.S. Treasury yields earlier this week.
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Thanks to the convenience of online rate-shopping tools, a boost in consumer knowledge of the homebuying process, and a growing number of independent mortgage banks, it is now more difficult than ever to lock in a borrower. See how pricing data can combat these challenges and keep profit margins from slipping. Presented by Nomis
For more than 35 years, LERETA has had a single focus: delivering extraordinary service to the origination and servicing community. Find out why we are the experts in tax and flood determinations. Contact us today
HousingWire's Digital Media Manager Alcynna Lloyd joins Courtney Graham and Bill Dallas as they share the latest updates on the housing market and how they're winning in a red-hot purchase market. HW+ Premium Content
QC experts dissect the CFPB's ATR/QM Rule revisions and proposed amendments to servicing rules in this on-demand webinar. Walk away with a better understanding of the changes, proposed amendments, and current servicing trends. Learn More!
The housing finance industry is hoping for stability and predictability under the new-look FHFA. Here's what else is on the industry's wish-list. HW+ Premium Content
Today's mortgage industry is on the cusp of digital re-imagination. Driven partly by the need to meet the growing demand from tech-savvy borrowers for a quick and seamless process and partially by the pressure to cut costs and enhance efficiencies. Read More.
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