Tag Archives: freddie mac

Homeowners Cash in on Equity in Droves

Posted on June 1, 2017 by Debbie Prosser

Daily Real Estate News | Thursday, June 01, 2017 Homeowners may be reluctant to sell, but they still want to see a piece of that equity in their homes now. They’re cashing out in levels that have not been seen … Continue reading →

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Homeowners Cash in on Equity in Droves

Mortgage Rates Set a New 2017 Low This Week

Posted on April 14, 2017 by Debbie Prosser

Daily Real Estate News | Friday, April 14, 2017 The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that … Continue reading →

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , , | Comments Off on Mortgage Rates Set a New 2017 Low This Week

Mortgage Rates Surprise By Nearing 2017 Low

Posted on April 7, 2017 by Debbie Prosser

Daily Real Estate News | Friday, April 07, 2017 The 30-year fixed-rate mortgage dropped lower for the third consecutive week and neared its low for 2017, Freddie Mac reports in its weekly mortgage market survey. “The 10-year Treasury yield was … Continue reading →

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , | Comments Off on Mortgage Rates Surprise By Nearing 2017 Low

Borrowers Face Higher Mortgage Rates

Posted on March 17, 2017 by Debbie Prosser

Daily Real Estate News | Friday, March 17, 2017 For the second consecutive week, mortgage rates were on the rise. “As expected, the [Federal Reserve’s Federal Open Market Committee] announced its first rate hike of 2017 and hinted at additional increases … Continue reading →

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , , , , , , | Comments Off on Borrowers Face Higher Mortgage Rates

Mortgage Rates Move Lower This Week

Posted on March 3, 2017 by Debbie Prosser

Daily Real Estate News | Friday, March 03, 2017 Mortgage rates broke a monthlong holding pattern and inched lower this week. “The 10-year Treasury yield remained relatively flat this week, while the 30-year mortgage rate fell 6 basis points to … Continue reading →

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , | Comments Off on Mortgage Rates Move Lower This Week

Existing-Home Sales Jump in January

Posted on February 22, 2017 by Debbie Prosser

WASHINGTON (February 22, 2017) — Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Existing-Home Sales Jump in January

The Big Down Payment Myth

Posted on February 15, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, February 15, 2017 Having the spare capital to put 20 percent down on a home purchase is great, but it’s certainly not the norm. Still, many people think it is and that belief may … Continue reading →

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on The Big Down Payment Myth

Borrowing Costs Move Lower This Week

Posted on January 16, 2017 by Debbie Prosser

Daily Real Estate News | Friday, January 13, 2017 Mortgage rates edged down for the second consecutive week, a temporary reprieve from what had been weeks of rising rates. “After absorbing a mixed December jobs report; the 10-year Treasury yield … Continue reading →

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Borrowing Costs Move Lower This Week

HARP Extended to 2017 as Bridge to New Refi Program

Posted on August 29, 2016 by Erin Johnston

Daily Real Estate News | Monday, August 29, 2016 The Federal Housing Finance Agency is extending the Home Affordable Refinance Program (HARP) until Sept. 30, 2017. The FHFA estimates that more than 300,000 home owners could still benefit by refinancing … Continue reading →

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , | Comments Off on HARP Extended to 2017 as Bridge to New Refi Program