Mortgage rates edged down this week, with the average rate for a 30-year fixed-rate mortgage falling to 3.13%, down from 3.18% last week, according to Freddie Mac’s Primary Mortgage Market Survey.
That’s down from 3.33% a year ago.
“After moving up for seven consecutive weeks, mortgage rates have dropped due to the recent, modest decline of U.S. Treasury yields,” says Sam Khater, chief economist for Freddie Mac, in a statement. “As the economy recovers, it
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. Originally
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include funny Buzztoon comics,
Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can
