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Mortgage rates were mostly down this week, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS)
Mortgage rates were mostly down this week, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS).   The 30-year fixed-rate mortgage (FRM) averaged 3.88 percent for the week ending Oct. 19, down from last week when it averaged 3.91 percent. The 15-year FRM this week averaged 3.19... Keep Reading....
In a very rare appearance before the nation’s largest mortgage industry trade group, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray congratulated himself for predicting the success of his agency’s rules and guidelines
The ongoing will-he/won’t-he speculation on whether Richard Cordray will prematurely exit his directorship at the Consumer Financial Protection Bureau (CFPB) in pursuit of the Democratic nomination for governor of Ohio seems to be leaning to the won’t-he side thanks to a casual peek at Internet... more
Delinquency rates for commercial and multifamily mortgages were mostly stagnant during the second quarter, according to new data from the Mortgage Bankers Association (MBA).   Banks and thrifts registered a 0.54 percent delinquency rate for commercial and multifamily that were 90 or more days... more
The U.S. Environmental Protection Agency honored the National Multifamily Housing Council (NMHC) with a 2017 ENERGY STAR Partner of the Year–Energy Efficiency Program Delivery Award for its sponsorship of programs
The nation’s capital is also the capital of LEED-certified construction, according to new data released by ABODO.   The Washington, D.C., metro area is home to more than 183 million square feet of residential construction and 310 million square feet of commercial construction that has received... more
The average 30-year fixed mortgage rate posted its biggest week-over-week increase since July, according to new data from Freddie Mac
The rate of growth in year-over-year price appreciation appeared to slow down in July after accelerating throughout every month of the year, according to new data from Black Knight Financial Services (BKFS).   After hitting a peak in March of 1.3 percent in March, the monthly appreciation rate in... more