It ended up being a fairly uneventful day for mortgage rates despite scattered speculation about the impact of foreign monetary policy decisions. The average lender nudged just a hair higher, resulting in the 2nd lowest reading of the week. Apart from yesterday, the last day with lower rates was more than 2 weeks ago on […]
Mortgage Rates Just Off 2-Week Lows Read More »
A key Senate leader is requesting records surrounding the cancellation of second mortgages following the Great Financial Crisis and asking whether the loans were sold to collections agencies in violation of a major legal settlement. Processing Content In a request sent to the independent monitor responsible for oversight of the 2012 National Mortgage Settlement, Sen.
Warren probes whether banks sold forgiven ‘zombie’ seconds Read More »
Existing-home sales in the US barely rose in November, as a recent moderation in price growth and mortgage rates motivated buyers at the margin. Processing Content Contract closings ticked up 0.5% to an annual rate of 4.13 million last month, according to National Association of Realtor figures released Friday. That was the highest since February
Existing-home sales edge up with help from tamer prices Read More »