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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....
Yesterday’s decision by the Federal Reserve’s policy making Federal Open Market Committee (FOMC) to unwind the central bank’s $4.5 trillion mortgage asset purchase program was greeted with caution by industry leaders
Yesterday’s decision by the Federal Reserve’s policy making Federal Open Market Committee (FOMC) to unwind the central bank’s $4.5 trillion mortgage asset purchase program was greeted with caution by industry leaders.   "For much of the past decade, the Fed has been the largest investor in... more
Sometimes, living dangerously can lead to home seller gains, according to new data from ATTOM Data Solutions
Sometimes, living dangerously can lead to home seller gains, according to new data from ATTOM Data Solutions.   In a new study, ATTOM found the median home prices in cities in the 80th percentile for natural hazard risk—also known as the top 20 percent with highest risk—have increased more than... more
Home prices in August increased by 6.9 percent year-over-year and were up 0.9 percent from the previous month, according to new data from CoreLogic
The national median home value in August grew by 6.9 percent over the last year to $201,900, according to new data from Zillow. Among the major metro markets, Seattle was the only location where home values rose at a double-digit annual pace, up 12.4 percent since last August to a median home value... more
A pair of trade groups representing longtime rival factions in the financial services industry have teamed up to urge the Federal Housing Finance Agency (FHFA) to allow the government-sponsored enterprises (GSEs) to rebuild their capital buffers
Homeowners with mortgages saw their equity increase by 10.6 percent year-over-year during the second quarter, representing a gain of $766 billion, according to new data from CoreLogic.   Roughly 63 percent of all homeowners have mortgages, and this sector within the housing market gained an average... more