Mortgage rates typically follow the bond market and other macroeconomic factors, not the Fed’s short-term-funds rate. Nevertheless, advisors say there may be some good refi opportunities now, ...
Mortgage Research Center. Rates averaged 5.28% for a 15-year financed mortgage and 5.94% for a 20-year financed mortgage.
Heading into the fall last year, the average 30-year fixed mortgage rate slipped to a low of 6.07% by September 17, 2024, as the market reacted to weaker-than-expected labor market data. At that point ...
The share of mortgage applications for refinance loans has hovered above 50% since the first week in May, but that doesn't mean the mortgage industry is in the midst of another refinance boom, or even ...
'Tis the season for things to be something other than what they appear to be, apparently. Lenders are talking about new loan limits, but they haven't officially changed. News stories are saying rates ...
When mortgage rates logged their sharpest decline of the year last week following an underwhelming jobs report, data showed that refinance demand surged. Despite what seems like welcome news for loan ...
The great refi boom in 2020 wasn’t exactly equitable. Wealthier borrowers with stable jobs and high credit scores were fortunate enough to lock in a forever rate, typically lowering their monthly ...
NFT Steez chats with Celo’s NFT lead Mashiat Mutmainnah about the promise of ReFi and its capacity to promote environmental and social good. On Sept. 30, NFT Steez, a bi-weekly Twitter Spaces hosted ...
Rates are bouncing around near record lows set last October and consumers are looking to seize the opportunity. There's always a rush by consumers and loan agents to lock rates on dips, and that ...
A joint venture between Helaba Bank and DekaBank provided the $163 million fixed-rate, interest-only loan for 122 Fifth ...
Rabina locked down a refinancing for its 520 Fifth Avenue supertall as the 88-story cloud buster nears the finish line.
Today, with millions of people facing tremendous financial uncertainty related to the coronavirus, cash-out refinances could help homeowners fill in some of the financial blanks. Traditional ...
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