MOSO’s best feature, according to Suong, is the automatic interest rate update that’s sent via text or email to borrowers, allowing them to lock in a mortgage rate with the click of a button. “Not ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
On Wednesday Jan. 29, the Federal Reserve concluded its first meeting ... which haven't been giving mortgage lenders much room to lower rates. The National Association of Realtors’ latest numbers on ...
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.
Selling your house? You might be in for a long wait. Mortgage rates remained elevated throughout January, which has sapped ...
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
Pending home sales fell 5.0% from a year earlier. On a regional basis, signings declined on both a monthly and annual basis in all four regions. Month-over-month the declines were led by an 8.1% drop ...
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
In a letter addressed to the Senate banking committee, the MBA gave a strong endorsement for Bill Pulte to become the next FHFA director.