The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week, when it averaged 7.10%.
Sarah Wolak
Sarah Wolak is a staff writer at NMP.
A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.
The slowdown comes at the same time that the Federal Reserve's efforts to combat inflation have stalled.
ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.
Before joining Gateway, Wallace served as CFO at EnerBank USA, a division of Regions Bank
Brenning joins as Head of Production and Collins, as Executive Vice President of Capital Markets.
Johnston has joined the firm as the senior vice president, chief program management and valuation officer.
Nearly 8% of U.S. homes sold in 2023 exceeded the capital gains tax limit of $500,000.
Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.
As CCO, Jessie Ermel will drive quality control and compliance for the company's mortgage operations.