The post That 3% Mortgage Just Keeps Getting Better appeared first on Weekly Real Estate News.
That 3% Mortgage Just Keeps Getting Better
Mortage News
Weekly mortgage demand was flat, even as interest rates drop for the third straight week
Last week the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.73% from 6.77%. Applications to refinance a home loan fell 2% for the week and […]
Housing Wire
Mortgage delinquency rates improve across the board
Mortgage delinquencies were down across the board in January, with the overall national delinquency rate declining to 3.38%, a drop of 10 basis points from December, according to Black Knight’s month-end mortgage performance statistics. National […]
Housing Wire
Where are mortgage rates headed?
Last week ended with a wild ride for mortgage rates. We anticipated the two inflation reports could help mortgage rates, however, we had a bad bond auction last Thursday, and the 10-year yield rose sharply. […]