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To understand why, we first need to remember that a mortgage rate quote is not as simple as the rate itself. The rate that almost everyone refers to (officially the "note rate") is only part of ...
The average lender was already very close to multi-decade highs for 30yr fixed mortgage rates last Thursday ... and in those cases, the note rate would be a bit lower. Frustratingly, there ...
“The 30-year fixed-rate mortgage paused its multi-week climb but continues to hover under eight percent,” said Sam Khater, Freddie Mac’s Chief Economist. “The Federal Reserve again decided ...
The Multi-State Mortgage Committee (MMC) has released its 2012 annual report highlighting accomplishments of the Committee in 2012. The MMC spent a considerable amount of time in the mortgage ...
The Multi-State Mortgage Committee (MMC) has released the 2011 annual report to state regulators highlighting accomplishments of 2011 and outlook for 2012. The MMC was created in 2008 by state ...