1st Met acquires Olympia branches

Oct 09, 2005

Option One honored by the American Red Cross for tsunami effortsMortgagePress.comThe American Red Cross, Option One Mortgage Corporation, The Circle of Humanitarians Plaque The American Red Cross has given its Circle of Humanitarians Plaque to Option One Mortgage Corporation, a subsidiary of H&R Block Mortgage Corporation, in recognition of the support its associates provided to tsunami relief. The Circle of Humanitarians Plaque honors companies and individuals whose major annual contributions provide life-saving support through American Red Cross programs. Option One and H&R Block Mortgage Corporation associates donated more than $67,000, and $50,000 of that was matched by the company for a total of $117,000. Irvine, Calif.-based Option One Mortgage Corporation originates and acquires nonprime residential mortgage products. For more information, call (800) 704-0800 or visit www.oomc.com.

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Oct 09, 2005

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Analysis and Data

Existing Home Sales Decline By 4.3% In March

Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors

Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals. Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...