Home Mortgage Rates Remain Stable- wk 7/11

Home Mortgage Rates Remain Stable- wk 7/11

Freddie Mac’s Primary Mortgage Market Survey shows mortgage rates remained mostly unchanged the past two weeks. The 30-year fixed rate loan has been hovering at 3.75%. Rates have moderated, remaining consistent at nearly three-year lows. That’s good news for...
Ellie Mae Report Shows Robust Mortgage Activity

Ellie Mae Report Shows Robust Mortgage Activity

The May Origination Insight Report from Ellie Mae reported the 30-year note rate dropped for the fifth straight month in April. Even better for consumers, as the 30-year note rate declines month after month, we are seeing the purchase and refinance activity on the...
Mortgage Delinquencies Sink to 19-year low

Mortgage Delinquencies Sink to 19-year low

CoreLogic’s monthly Loan Performance Insights Report shows that, nationally, 4% of mortgages were in some stage of delinquency in February 2019. The foreclosure inventory rate – which measures the share of mortgages in some stage of the foreclosure process – was...