Freddie Mac’s Volume Increased in June
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 14.2 percent in June compared...
Day: July 30, 2020
Pending Home Sales Continue Remarkable Rebound
Pending home sales soared again in June, although the liftoff was relatively shallow compared to the 43 percent increase in May. The...
Mortgage Rates Fall Nicely
Mortgage rates improved nicely overnight. The average lender's morning rates were very close to the lowest levels ever. This was a distinct...
Bonds Break Key Levels After Fed
Both MBS and Treasuries were right on the edge of their recent ranges heading into Fed day. MBS broke their...
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FreedomPop FreedomPop carries one of the most generous plans to access the Internet for free. Here’s how it works. They send...
Churchill Mortgage Expands Tennessee Teams
Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 46 states, announced...
Regulator proposes new rule change to help more mortgage prisoners
The financial regulator has proposed a change to its rules which could make it easier for 10,000s of borrowers...
Mortgage rates fall below 3 percent
Mortgage rates didn’t move much this week but they went down enough to cross a significant marker. According to the latest...
GDP plunged by worst-ever 32.9%
The U.S. economy saw the biggest plunge in activity it has ever known in the second quarter, though it wasn't...
U.S. weekly jobless claims rise
The number of Americans who filed for unemployment benefits last week was roughly in line with expectations as the coronavirus...