Normal Mortgage Rates? The Average Mortgage Rate Since 1972 Is Roughly 7.75%
Nov 20, 2024Lately, I’ve been a hearing a lot of people say that mortgage rates are “average” or “normal.” As in, they...
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Most Recent Mortgage News
Mortgage
FHFA to hike multifamily loan caps for Freddie and Fannie in 2025
Nov 19, 2024Sandra Thompson, the FHFA’s director, said the decision showed its “strong commitment” to provide the liquidity needed to improve affordability...
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Mortgage
FHA’s strong capital levels should end life-of-loan rule
Nov 18, 2024While the Federal Housing Administration’s insurance fund capital ratio improved during fiscal year 2024, the delinquency rate has also increased,...
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Mortgage
Watchdogs open review on financial services consumer compensation – Mortgage Strategy
Nov 17, 2024The Financial Conduct Authority and the Financial Ombudsman Service have issued a call for input for views on how to...
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Mortgage
What Does It Actually Mean to Return to Lower Mortgage Rates?
Nov 16, 2024Recently, a lot of people have argued that we won’t return to lower mortgage rates. That there’s no possible way...
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Mortgage
Fed in no rush to cut rates, says Powell
Nov 15, 2024In his speech in Dallas, Powell said it wouldn’t be a surprise to see slow progress on the inflation front...
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Mortgage
Fed study shows how much discount points are driving up costs
Nov 14, 2024Discount points have driven mortgage borrowers’ out-of-pocket costs up 33% in the past few years, a Federal Reserve study finds. ...
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Mortgage
Mortgage lending to grow 1.6% in 2024: EY – Mortgage Strategy
Nov 13, 2024Mortgage lending to grow 1.6% this year, up from -0.1% in 2023, EY ITEM Club reveals. EY forecasts that mortgage...
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Mortgage
Don’t Attempt to Time the Housing Market
Nov 12, 2024It’s a tale as old as time. Someone attempts to time the market, only to fail miserably. Then they either...
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Mortgage
Housing industry split on impact of latest Fed rate cut
Nov 11, 2024The Fed’s decision followed President-elect Donald Trump’s recent re-election, with voters expressing ongoing concerns about inflation and economic stability. While...
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