Housing market outlook Archives

Friday, 5 March 2021 | The Latest Buzz for the Appraisal Industry

Mortgage rates continue to stay low at 2.73%

The average mortgage rate for a 30-year fixed loan remained unchanged last week from the week prior at 2.73%, according to Freddie Mac’s Primary Mortgage Market…

Housing Wire February 4, 2021

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UWM to block brokers working with Fairway and Quicken March 4, 2021
United Wholesale Mortgage, the top wholesale lender in the nation, announced on a Facebook live Thursday afternoon that it will no longer partner with brokers who work with Rocket Mortgage and Fairway Independent Mortgage Corp. The post UWM to block brokers working with Fairway and Quicken appeared first on HousingWire.
Brena Nath
Stewart continues acquisition frenzy with Signature snag March 4, 2021
Stewart has announced yet another acquisition, this time of Signature Closers, marking the seventh acquisition in the past year. The post Stewart continues acquisition frenzy with Signature snag appeared first on HousingWire.
Tim Glaze
CFPB delay of QM rule implementation is a terrible move March 4, 2021
The Consumer Financial Protection Bureau released a notice of proposed rule-making that would “delay the mandatory compliance date of the general qualified mortgage rule 15 months to Oct. 1, 2022." The bureau said: “extending the mandatory compliance date of the general QM final rule would allow lenders more time to offer QM loans based on […]
Sarah Wheeler
Mike Cagney is looking to buy a mortgage company, or two March 4, 2021
Figure Technologies CEO and co-founder Mike Cagney never intended to build a mortgage lending company. Upon leaving SoFi, Cagney and the founding team at Figure were laser-focused on applying blockchain technology to financial services. But now, with proof of concept cleared and a large war chest, he intends to buy a mortgage lender to achieve […]
James Kleimann
For the first time since July, mortgage rates pass 3% March 4, 2021
The average mortgage rate for a 30-year fixed loan rose 5 basis points last week to 3.02%, marking the first time since July that the industry has seen rates break above 3%, according to Freddie Mac’s Primary Mortgage Market Survey. The post For the first time since July, mortgage rates pass 3% appeared first on […]
Alex Roha

Category: Housing market outlook

Mortgage rates continue to stay low at 2.73%

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