The post Five ways to reduce your mortgage repayments in 2023 – and why rates have risen so high appeared first on Weekly Real Estate News.
Five ways to reduce your mortgage repayments in 2023 – and why rates have risen so high
Housing Wire
Guild acquires small retail lender Legacy Mortgage
Acquisitive lender Guild Mortgage on Tuesday announced the acquisition of Legacy Mortgage, increasing its footprint in the Southwest. Publicly traded Guild is picking up Legacy’s 13 branches across four Southwest states – Arizona, Colorado, New Mexico […]
Daily Real-estate News
Mortgage Rates Dip Below 5%; Buyers Get ‘A Second-Chance Opportunity’
After weeks of escalating borrowing costs, home buyers are getting a second chance to lock in lower rates. The 30-year fixed-rate mortgage fell to an average just below 5% for the week ending Aug. 4, […]
Housing
Black Knight Originations Market Monitor: Mortgage Rate Lock Activity Falls as Rates Top 7% for First Time Since November 2022; Signs of Credit Tightening Persist
According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates crossed 7% for the first time since November 2022, before falling sharply and then rebounding to 6.88% Overall rate lock volumes were down 7% month over […]