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Before the Federal Reserve finally cut the federal funds rate in September, mortgage rates started coming down in anticipation. Now that the long-awaited rate slash has finally happened ...
The mortgage rate environment has undergone significant shifts in recent years, though, making it more difficult to determine what the time is right to make a move. While it was easy to find rates ...
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David Stevens, a mortgage industry figure who held jobs across a broad spectrum during his career, has passed away at 66, according to published reports. A statement from the Mortgage Bankers ...
The rate on the most popular US mortgage rose to a new high for the year on Thursday, pushed up by strong economic data and expectations of more aggressive moves by the Federal Reserve.
Mortgage applications sank to a 22-year low, falling 6.3% last week as inflation fears grip the housing sector, the Mortgage Bankers Association said Wednesday. That makes three consecutive weeks ...
Non-QM lender Sprout Mortgage is shutting down operations, multiple workers said on Wednesday. The company informed the more than 300 workers of the shut down in a conference call on Wednesday ...
Plano-based mortgage lender First Guaranty Mortgage Corp., which laid off 428 employees last week, has filed for bankruptcy protection(Lynda M. Gonzalez / Staff ...
CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission if you apply and are approved for a product, but our ...
The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88% this past week, according to Freddie Mac. That’s the lowest level in the nearly 50 years of the mortgage ...