January 2, 2025
CLEVELAND, Jan. 2, 2025 /PRNewswire/ — CrossCountry Mortgage (CCM), the nation’s number one retail mortgage lender, earned a spot in Scotsman Guide’s Top Workplaces feature for the second consecutive year. Since its inception last year, this new industry recognition highlights mortgage companies that… Continue Reading…
Mortgage rates rose again last week, leaving them near 7% to start the year. The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data. 15-year mortgage… Continue Reading…
Fewer consumers asked for a new home loan this Christmas. Mortgage applications fell 21.9% for the 14-day period ending Dec. 27 compared to the week ending Dec. 13, the Mortgage Bankers Association reported. Refinance activity declined precipitously as the effective… Continue Reading…
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement… Continue Reading…
A recently formed organization wants to support women currently working in or considering careers in specialized portions of the mortgage business that are central to the industry’s finances. The CapitalW Collective is working with other existing groups but is filling… Continue Reading…
On Wednesday, Janney Montgomery Scott initiated coverage on shares of Angel Oak Mortgage Inc (NYSE:), issuing a Buy rating and establishing a price target of $13.00. The research firm highlighted the company’s strong position in the non-qualified mortgage (non-QM) sector,… Continue Reading…
Mortgage rates have risen today, January 2, 2025, making it essential for potential homebuyers to stay informed and make smart financial decisions. As per the latest data from Zillow, the average 30-year fixed mortgage rate has climbed to 6.70%, while the 15-year fixed rate has increased… Continue Reading…
Most mortgage rates have increased today. According to Zillow, the average 30-year fixed interest rate has risen by six basis points to 6.70%, and the 15-year mortgage rate is up seven basis points to 6.10%. So, will home buyers see… Continue Reading…
Four-minute read What are mortgage rates and how are they calculated? A Complete Guide The basics of mortgage rates: Key factors explained The real estate market of Monmouth and Ocean counties, hampered by a lack of inventory for the past… Continue Reading…
Images by Getty Images; Illustration by Hunter Newton/Bankrate The average 30-year fixed mortgage rate will spend most of the year in the 6s, with a short-lived spike above 7 percent, but never getting below 6 percent. — Greg McBride, Bankrate… Continue Reading…