A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%.
The post Mortgage Rates Take a Drop appeared first on Weekly Real Estate News.
Mortgage Rates Take a Drop
Loan Markets
US Mortgage Rates Rise for the Ninth Time in Ten Weeks
In the week ending May 12, mortgage rates rose for the ninth time in ten weeks. 30-year fixed rates rose by three basis points to 5.30%. 30-year fixed rates jumped by 17 basis points in […]
Housing Wire
As rates climb, how are non-QM lenders faring?
As mortgage rates hover around 8% for agency mortgages, lenders handling conventional mortgages are struggling to find business. But how are the non-QM lenders faring? According to Acra Lending CEO Keith Lind, the company is […]
Housing Wire
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 […]