While Freddie Mac’s weekly mortgage rate survey may show rates moving slightly lower this week, today’s rates are actually higher than they were at the same time last week (6.76% vs 6.69%). Financial news continued to focus on yesterday’s announcement of Treasury buybacks after Secretary Bessent spoke on CNBC this morning, but today’s bump in […]
Highest Mortgage Rates in Just Over a Week Read More »
Mortgage lenders who fast track their closing and funding processes have a critical differentiator in the marketplace, with the number of those offering an accelerated home equity function has grown, a report from Keynova Group said. Processing Content The company’s 2026 Mortgage-Home Equity Scorecard covers eight bank and four nonbank mortgage originators digital channels. The
Speeding home equity closings gives top lenders edge: study Read More »
A new analysis suggests homeowners could shorten the payoff time of a typical mortgage by six years if they managed to squeeze in an extra payment every 12 months. Processing Content A single additional payment each year would also save a new buyer $68,000 in housing costs over the life of the loan based on
Rocket’s data: Extra payments cut 6 years off mortgages Read More »