Given that we have the somewhat unpopular job of reporting that today’s average top-tier 30yr fixed mortgage rate is 6.00 again, rather than the 5.99 seen earlier this week, we can at least find one glowingly positive development as a silver lining. In fact, the silver lining is more than a consolation prize. It’s actually […]
Best Week For Mortgage Rates in Years Read More »
Mortgage-backed securities purchases became the current focus of near-term plans for Fannie Mae and Freddie Mac due to lower-than-anticipated valuations for a planned stock offering, a housing official told Fox Business. Processing Content “Today some people say the businesses are worth up to $1 trillion. They’re worth $500 billion to $700 billion, we believe,” Federal
Trump’s $200B MBS plan set off by GSE valuation gap: Pulte Read More »
Rocket Mortgage is partnering with Compass to share listings on Redfin, in a major deal which also includes pricing promotions. Processing Content The companies Thursday announced a 3-year partnership for Compass to share its “Coming Soon” and “Private Exclusive” listings to Redfin, which they said could bring over 500,000 more listings on Redfin. Rocket offerings
Rocket, Compass join forces on Redfin listings Read More »