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adjustable-rate mortgage (ARM)

Zillow: Mortgage Rates Remain Slightly Above Four Percent Mark

For Sale/Credit: Stockbyte

The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.06 percent, down two basis points from this time last week. The 30-year fixed mortgage rate hovered around 4.08 percent for the majority of the week, falling to 3.97 percent on Friday before returning to the current rate.Click to continue

Zillow Reports Fixed Rates Still Hovering Around the Four Percent Mark

House Keys/Credit: Digital Vision

The 30-year fixed-rate mortgage (FRM) on Zillow Mortgages is currently 4.08 percent, up five basis points from this time last week. The 30-year fixed mortgage rate hovered around 4.10 percent for the majority of the week, peaking at 4.17 percent on Thursday before easing back down to the current rate.Click to continue

Can Any Profit Be Made in Today’s Mortgage Marketplace?

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The latest mortgage data is not much different from data released in recent weeks, and this raises a thorny question: How is it possible for mortgage professionals to generate profits in such an inert climate? The answer, according to industry leaders, is an old-fashioned combination of focus and planning.Click to continue

Zillow Reports Fixed-Rates Remain Steady for the Week

For Sale Sign Home Pic

The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.03 percent, down one basis point from this time last week. The 30-year fixed mortgage rate spiked early last week, peaking at 4.23 percent on Thursday before easing back down to the current rate on Friday.Click to continue

Zillow: Fixed-Rates Drop Down to Near Four Percent

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The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.04 percent, up seven basis points from this time last week. The 30-year fixed mortgage rate steadily rose last week, peaking at 4.17 percent on Monday before easing back down to the current rate on Tuesday.Click to continue

Zillow Indicates 30-Year Rates Down Around Eight Basis Points

Home Sale/Credit: Comstock

The 30-year fixed mortgage rate on Zillow Mortgages is currently 3.97 percent, down eight basis points from this time last week. The 30-year fixed mortgage rate hovered between 3.96 and 4.08 percent for the majority of the week, before settling at the current rate on Tuesday.Click to continue

Zillow: Slight Rise in Fixed-Rate Mortgages

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The 30-year fixed-rate mortgage (FRM) on Zillow Mortgage Marketplace is currently 4.05 percent, up two basis points from this time last week. The 30-year fixed mortgage rate hovered between 4.02 and 4.08 percent for the majority of the week, dropping below four percent on Friday before rising to the current rate this morning.Click to continue

Cantor Fitzgerald Announces MBS Team Expansion

Handshake Pic Credit: Stockbyte

Cantor Fitzgerald & Co. announced the expansion of its mortgage-backed securities (MBS) sales and trading team with the appointments of Cass Tokarski as senior managing director and head of mortgages and asset-backed securities, and James Murray as managing director, who are both joining from RBS. Tokarski will be responsible for broadening and expanding Cantor's already significant presence in the business. Murray will be focusing on agency ARM (Adjustable-Rate Mortgage) trading.Click to continue