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US mortgage rates fall for second week, sending 30-year to 6.42%
March 24, 2023
Mark Paul Cervantes
Loan Markets, Mortage News
Comments Off on US mortgage rates fall for second week, sending 30-year to 6.42%
MORTGAGE rates in the US fell for a second straight week, easing costs for homebuyers in the market’s busiest season. The average for a 30-year, fixed loan was 6.42 per cent, down from 6.6 per […]
How deal terms can affect a home’s value
October 12, 2023
Mariel Alumit
Housing Wire
Comments Off on How deal terms can affect a home’s value
When we go through the brokerage valuation process, the product is Fair Market Value (FMV). This is essentially the home price that a willing homebuyer would pay a seller. Interestingly, though, FMV isn’t always the […]
Mortgage rates fall to levels not seen since September
December 1, 2023
Mariel Alumit
Housing Wire
Comments Off on Mortgage rates fall to levels not seen since September
Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% for the first time since September, according to new data from Freddie Mac. The 30-year, fixed mortgage rate averaged 7.22% for […]