The average for a 30-year, fixed-rate mortgage hit 3.17% this week, the highest level since June 2020, according to data released Thursday by Freddie Mac
Self-employment has advantages, notably the home office deduction and eliminating commute time. Getting a mortgage, however, is not one of them. Here are a few tips that address the newly stiffened requirements for approval
After falling to historic lows last year, rates have climbed back over 3% but still remain lower than last year's levels
The Prudential Financial vet served on Freddie Mac's board of directors for about a year before being named the company's interim chief executive officer
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28% of loans in forbearance
Rocket Companies and LoanDepot briefly followed the trajectory of GameStop this month, seeing share prices spike simply because jokey online traders targeted their shares
Rates have been rising since January, though one economist expects further increases to be 'more muted' in the coming months
Only 1 state in the US was found to offer lower interest rates to women than men, on average, for a 30-year, fixed-rate mortgage, according to mortgage tech company Own Up
According to the Mortgage Bankers Association's latest report, mortgage forbearances rose 1 basis point for the week ending on Feb. 21
During the fourth quarter of 2020, U.S. home prices surged 10.8% on an annual basis and 3.8% on a quarterly basis, marking growth records for both metrics
Analysts say unemployment will continue to be an ongoing issue even as the pandemic subsides
The average 30-year mortgage stayed flat from last week at 2.79% — near historic lows
The average 30-year mortgage hit an all-time low of 2.65% this week, according to data from Freddie Mac released Thursday
Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021?
It's the lowest 30-year, fixed-rate since Freddie Mac began tracking the data in 1971