Browsing: mortgage

Consumers are souring on the economy, dragging mortgage rates downward along with the collective mood.The average rate on the 30-year fixed-rate mortgage fell 14 basis points…

Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington,…

It’s been a great week for mortgage rates. You can’t argue that.The 30-year fixed is now averaging around 6.80%, down from over 7% a week ago.Aside…

As anticipated, mortgage rates are back below their year-ago levels.I had suspected they would be, despite a rough couple of months pre- and post-election.There’s been a…

By Sammy Hudes A Royal LePage survey released Thursday, conducted by Hill & Knowlton, said 57% of Canadians set to renew a mortgage on their primary…

The recent wildfires in Los Angeles destroyed more than 16,000 structures, including thousands of residences. In addition to the personal tragedy of losing a home, the…

I got to thinking the other day that Trump’s plan to lower mortgage rates might be through increased unemployment.While everyone is seemingly focused on the other…

People walk by a sign for Freddie Mac headquarters on July 14, 2008 in McLean, Virginia. AFP Photo/Paul J. Richards (Photo credit should read PAUL J.…

A proposal to tie cancellation of private mortgage insurance policies to automated valuation models would add unnecessary risk to mortgage portfolios and would result in less,…

Despite having risen since the start of the month, bond yields are still down by more than 50 basis points (0.50%) from their January highs. Since…