Skip to main content

Mixed Economic Signals Impacting Housing Momentum
Mar 27, 2013

Rates on the most popular types of mortgages eased a little, according to's Weekly Mortgage Rates Radar. The average rate for conforming 30-year fixed-rate mortgages fell by two basis points (0.02 percent) to 3.72 percent. Conforming 5/1 Hybrid ARM rates decreased by a single basis point, closing the Wednesday-to-Tuesday wraparound weekly survey at an average of 2.67 percent. "The mixed bag of economic signals seen lately seems to have investors more pensive than they have been recently," said Keith Gumbinger, vice president of "Although pretty solid as a group, upward momentum in housing has lessened, consumer moods have turned a little darker, and even the Fed has lowered its expectations for growth for the rest of 2013 a bit." Average mortgage rates and points for conforming residential mortgages for the week ending March 26, according Conforming 30-year fixed-rate mortgage ►Average rate: 3.72 percent ►Average points: 0.25 Conforming 5/1-year adjustable-rate mortgage ►Average rate: 2.67 percent ►Average points: 0.19 Average mortgage rates and points for conforming residential mortgages for the previous week ending March 19 were, according to Conforming 30-year fixed-rate mortgage ►Average Rate: 3.74 percent ►Average Points: 0.31 Conforming 5/1-year adjustable-rate mortgage ►Average Rate: 2.68 percent ►Average Points: 0.21 "Rates have been firmer in the first quarter of 2013 compared to the last quarter of 2012, and that firmness may be based upon improving economic data," said Gumbinger. "For rates to move much higher from here, we'll need to see increased signs of revival, most notably in the job market. Until that occurs, rates are likely to remain fairly well tethered at or near present levels."
Mar 27, 2013
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021