Investor reaction to events of the past eight days has contributed to mortgage rates moving below 6.8% for the first time since the start of May, Freddie Mac said. The 30-year fixed-rate mortgage was at 6.77% as of June 26, compared with 6.81% eight days prior and 6.86% for the same week in 2024, the […]
Mortgage rates slide after FOMC meeting, Iran attack Read More »
The Federal Housing Administration announced plans to introduce an across-the-board multifamily mortgage insurance premium that would eliminate incentives to adopt energy-efficiency standards. The Department of Housing and Urban Development proposed to level premiums to 25 basis points for all loans originated in multifamily programs administered by the FHA, a first step in eliminating what it
HUD moves to eliminate multifamily green-energy incentive Read More »
Guild Mortgage finalizing a deal to go private via a $1.3 billion acquisition by Bayview Asset Management piqued the attention of some recruiters. Inquiries to Guild’s originator talent are coming in, the firm’s originators and industry stakeholders claim. “I can confirm the phone is ringing off the hook with recruiters,” Geoff Black, originator at Guild,
Guild LOs bombarded by recruiters after $1.3B deal news Read More »