The post Mortgage Rates Drop to Lowest Point in 4 Months appeared first on Weekly Real Estate News.
Mortgage Rates Drop to Lowest Point in 4 Months
Mortage News
Mortgage Demand Falls as US Credit Downgrade, Treasury Yields Push Rates Higher
Mortgage applications declined 3.1% from the previous week as the average interest rate for FHA-backed mortgages increased to 7.02%—the highest in almost 21 years—according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. […]
Economy
UK house prices extend falls as mortgage repayments soar
UK house prices have fallen further as rising mortgage rates deterred home buyers and prompted owners to repay property loans at a near record rate. Figures from the Nationwide Building Society released on Thursday showed […]
Housing Wire
Deephaven Mortgage appoints Aaron Drago as new COO
Non-QM lender Deephaven Mortgage, owned by alternate investment firm Pretium, has appointed Aaron Drago as its chief operating officer. “Aaron combines a depth of operational experience with a focused and disciplined approach to process optimization. […]