Mortgage Rates Rise A Bit Following Fed Hike
The 30-year fixed mortgage rate rose to 6.12%; 15-year fixed at 5.25%.
The 30-year fixed mortgage rate rose to 6.12%; 15-year fixed at 5.25%.
Freddie Mac reports 30-year, fixed-rate mortgage falls to 6.09%.
National Consumer Law Center report says sales to private investors strip borrowers of access to loss-mitigation options.
Freddie Mac says lower rates are attracting more buyers to the market.
30-year fixed falls to 6.15%, lowest since September 2022.
New framework takes effect on May 1, but MBA asks agency to be 'flexible' with that date.
After rising the previous week, the 30-year fixed mortgage fell to 6.33%.
GSE's chief economist expects downward trend in 2023.
Most vulnerable homeowners have FHA, VA, or other government loans.