NAMB teams up with Hispanic real estate professionals: Partnership with NAHREP will help NAMB reach underserved communities

May 31, 2006

National industry appointments update - 5/31/2006MortgagePress.comMortgage industry positions - Yale Mortgage Corporation has promoted Alicia Iglesias to director of its wholesale lending division and appointed her to its board of directors. - Freedom Mortgage has hired Richard L. Burr as director of branch development.

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May 31, 2006

People On The Move

Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...

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...