Housing Wire

FEBRUARY 10, 2021

She previously advised on solutions for complex corporate finance transactions with firms such as JPMorgan Chase. The company said Nunnink, who brings nearly a decade of experience working with Freddie Mac’s Optigo network, will leverage her relationships with investors, lenders and borrowers to drive industry-wide outcomes. “At

Equity 529

Equity Fixed-rate mortgage Investor Development 529

Housing Wire

OCTOBER 12, 2023

Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year, fixed-rate mortgage averaged 7.57% as of Oct. By contrast, the 30-year, fixed-rate mortgage was at 6.92% a year ago at this time. earlier in October.

Fixed-rate mortgage 448

Fixed-rate mortgage Mortgages Loans MLS 448

Housing Wire

OCTOBER 5, 2023

Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.49% as of Oct. By contrast, the 30-year fixed-rate mortgage was at 6.66% a year ago at this time. 5th, up 18 basis point from last week ’s 7.31%.

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages MLS Loans 476

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% by the end of 2024 from the current federal funds rate range of 5.25%-5.5%.

Fixed-rate mortgage 532

Fixed-rate mortgage Mortgages New Construction Construction 532

Housing Wire

DECEMBER 7, 2023

Meanwhile, HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate on conventional loans at 6.96% on Thursday. The 30-year, fixed-rate mortgage fell by almost 80 basis points in six weeks, Sam Khater, Freddie Mac’s chief economist, said in a statement.

Mortgages 529

Mortgages Fixed-rate mortgage Investor Loans 529

Housing Wire

JULY 19, 2024

Ginnie Mae has] been very transparent about how securities are meant to support both issuers and investors,” he said. will potentially increase investment and liquidity into the reverse mortgage market,” he said. For instance, I believe strongly that this now allows lenders to actually focus on the origination side.

Development 459

Development Industrial Mortgages Fixed-rate mortgage 459

Housing Wire

MAY 2, 2022

Since the start of 2022, rates have gone up 200 basis points and housing prices have surged 5.9%. Adjustable-rate mortgages, which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for borrowers in a challenging housing market.

Fixed-rate mortgage 448

Fixed-rate mortgage Principal Mortgages Finance 448

Housing Wire

JULY 27, 2023

Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 27, up from last week ’s 6.78%. By contrast, the 30-year fixed-rate mortgage was at 5.30% a year ago at this time. million.

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages Loans New Construction 370

Housing Wire

JANUARY 4, 2023

That’s because costs for borrowers were higher, reflecting the mortgage market’s response to the Federal Reserve ‘s tightening monetary policy. The MBA estimates the 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 6.58% for the week ending December 30 from 6.42% in the previous week.

Mortgages 529

Mortgages Fixed-rate mortgage Loans Equity 529

Housing Wire

AUGUST 16, 2023

Mortgage applications fell for the fourth consecutive week as the 30-year fixed-rate mortgage rose to its highest level since 2001, reaching 7.16%. For the week that ended August 11, mortgage applications fell 0.8% from the prior week , according to data from the Mortgage Bankers Association. from 13.6%

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages Loans Investor 370

Housing Wire

JUNE 15, 2022

In 2021, more than 90% of borrowers who closed a loan with fintech mortgage lender Neat Loans opted for a 30-year fixed-rate mortgage. The way ARMs work is lenders offer lower mortgage rates for the initial three, five, seven years.

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages Loans Loan Officer 370

Housing Wire

OCTOBER 26, 2023

Rates have been steadily climbing for seven straight weeks, the longest consecutive increase since Spring 2022, according to Freddie Mac ‘s Primary Mortgage Market Survey. The average 30-year, fixed-rate mortgage rose to 7.79% as of Oct. in 2023, reaching an annualized rate of 4.15 million units sold.

Mortgages 476

Mortgages Fixed-rate mortgage Loans Investor 476

Housing Wire

MARCH 27, 2023

Unlike conforming loans, which are largely financed through mortgage-backed securities (MBS) via capital markets, the jumbo mortgage space is almost entirely funded via the banking sector, and some regional banks are more concentrated in jumbo mortgage lending than others.

Banks 397

Banks Lending Fixed-rate mortgage Construction 397

Housing Wire

AUGUST 23, 2023

Mortgage applications fell for the fifth consecutive week as the 30-year fixed-rate mortgage rose to 7.31%, its highest level since December 2000. For the week that ended August 18, mortgage applications fell 4.2% from the prior week , according to data from the Mortgage Bankers Association. from 13.8%

Fixed-rate mortgage 370

Fixed-rate mortgage Mortgages Loans Investor 370

Housing Wire

FEBRUARY 10, 2021

She previously advised on solutions for complex corporate finance transactions with firms such as JPMorgan Chase. The company said Nunnink, who brings nearly a decade of experience working with Freddie Mac’s Optigo network, will leverage her relationships with investors, lenders and borrowers to drive industry-wide outcomes. “At

Fixed-rate mortgage 370

Fixed-rate mortgage Equity Investor Development 370

Housing Wire

MARCH 3, 2022

The process of bundling loans and separating risks makes available fixed-rate mortgages that are fully prepayable at borrowing costs well below other forms of debt. The end investor does not, for example, need to price the risk that the bond issuer itself becomes insolvent. They fulfill cash flows.

Bankruptcy 396

Bankruptcy Investor Fixed-rate mortgage Loans 396

Housing Wire

JANUARY 17, 2024

The 30-year fixed mortgage rate decreased six basis points to 6.75%, the lowest rate in three weeks,” Joel Kan , MBA’s vice president and deputy chief economist, said in a statement. Rates on jumbo loans (greater than $766,550) fell to 6.86% from 6.98% on a weekly basis. . ”

Mortgages 493

Mortgages Fixed-rate mortgage Loans Residential 493

Housing Wire

APRIL 7, 2022

Potential borrowers who’ve been priced out of the housing market need to be able to compete with an increasingly growing share of cash buyers and investors who are beating them in bidding wars. Presented by: Finance of America. The latest MBA survey this week found that the landscape is reducing borrowers’ demand for mortgages.

Mortgages 397

Mortgages Fixed-rate mortgage Loans Residential 397

Housing Wire

OCTOBER 27, 2022

Borrowers are now seeking options to reduce their initial mortgage payments while hoping that rates will decline enough to warrant a refinance in the next few years. The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage rose 14 basis points from last week to 7.08%, accelerating its upward trajectory.

Mortgages 397

Mortgages Fixed-rate mortgage Loan Officer Seller concession 397

Housing Wire

MARCH 23, 2023

Mortgage industry experts believe the current turbulence has potential to hit the jumbo space harder, mainly due to a reduced investor appetite in the secondary market and banks’ tightened financial conditions for borrowers. The survey shows the same rate was 4.42% a year ago. The leaders in 2022 were Wells Fargo ($45.4

Loans 459

Loans Mortgages Banks Fixed-rate mortgage 459

Housing Wire

SEPTEMBER 22, 2022

All investors in the transaction were first-time participants in securitizations backed entirely by home-equity agreements [HEAs].”. The interest rate for a 30-year, fixed-rate mortgage averaged 6.47% on Tuesday, Sept. 21, according to Mortgage News Daily.

Equity 397

Equity Marketing Fixed-rate mortgage Finance 397

Housing Wire

SEPTEMBER 20, 2023

Most Fed officials last June had penciled in two more rate rises this year, one in July and one more in the fall. Most investors are already wondering what it would take for the central bank to lift rates again later this year. range on Wednesday morning, according to interest rate traders. However, only 70.9%

Fixed-rate mortgage 476

Fixed-rate mortgage Mortgages Investor Finance 476

Housing Wire

APRIL 17, 2024

Mortgage rates hold major power in the housing industry; most importantly, high rates exacerbate the current affordability crisis by walloping the buying power of would-be buyers and discouraging some would-be sellers – those with low, fixed-rate mortgages – from listing their homes, a drain on available inventories.

Mortgages 493

Mortgages Fixed-rate mortgage Banks Residential 493

Housing Wire

APRIL 14, 2022

“It doesn’t make sense to start raising interest rates [to fight inflation] without running off their MBS portfolio,” said Laurie Goodman, vice president for housing finance policy and the founder of the Housing Finance Policy Center at the Urban Institute. You don’t know what investor demand is going to be.

Marketing 435

Marketing Purchase and sale agreement Investor Banks 435

Housing Wire

AUGUST 17, 2023

Mortgage rates continued to climb this week as U.S. According to those analysts, investors in the bond market are reacting to the government issuing debt and expecting the Federal Reserve to increase rates in September amid persistent inflation. “As a country, we are issuing a lot of debt to finance our deficit.

Mortgages 370

Mortgages Fixed-rate mortgage Loans Loan Officer 370

Housing Wire

SEPTEMBER 9, 2022

The nonagency share of the market has been rising slowly since then, reaching 4.32% in 2021, according to recent analysis by the Urban Institute ’s Housing Finance Policy Center. In August 2021, the 30-year fixed-rate mortgage rate stood at approximately 2.75%,” a recent KBRA report on the nonagency RMBS market states.

Marketing 435

Marketing Fixed-rate mortgage Bankruptcy Mortgages 435

Housing Wire

OCTOBER 16, 2023

.” With that, Broeksmit rattled off a number of grievances against foes the Beltway. Mortgage rates On the day Broeksmit addressed the crowd in Philadelphia, mortgage rates were north of 7.7% on a standard 30-year fixed-rate mortgage.

Banks 448

Banks Fixed-rate mortgage Lending Mortgages 448

Housing Wire

MAY 5, 2022

The average Interest rate for a 30-year fixed-rate mortgage, according to Freddie Mac’s primary mortgage market survey , is now at 5.27%, up from 5.1% a week earlier.

Principal 370

Principal Fixed-rate mortgage Loans Residential 370

Housing Wire

JULY 26, 2023

The Federal Reserve (Fed) raised the federal funds rate 25 basis points to the 5.25 While the markets have already “priced in” this rate hike, which was widely expected, most investors are already wondering what it would take for the central bank to lift rates again later this year. What’s next? However, 79.2%

Fixed-rate mortgage 370

Fixed-rate mortgage Investor Mortgages Banks 370

Housing Wire

JULY 27, 2022

If those spreads and yields are attractive to investors, however, it usually means the margins for RMBS issuers like Angel Oak are squeezed. family of affiliates that also includes non-QM lenders Angel Oak Home Loans and Angel Oak Mortgage Solutions as well as Angel Oak Capital Advisors. AOMR is part of an Angel Oak Cos. billion.

Marketing 397

Marketing Loans Investor Mortgages 397

Housing Wire

JUNE 29, 2022

Moody’s Investors Service , in a housing-market report released this week, puts some ugly back into the home-sales figures for May, however. “At Freddie Mac ’s most recent Primary Mortgage Market Survey shows the average 30-year fixed rate mortgage at 5.81% as of June 23. compared with 54.8 two quarters ago.

Marketing 448

Marketing Fixed-rate mortgage Mortgages Sales 448

Realtor.com

APRIL 30, 2021

Two of the main types of mortgages home buyers consider getting are a fixed-rate mortgage and an adjustable-rate mortgage, or ARM. In a nutshell, a fixed-rate mortgage has an interest rate that stays the same over the life of the loan. Fixed-rate mortgage.

Fixed-rate mortgage 111

Fixed-rate mortgage Loans Mortgages Pre-approval 111

Housing Wire

AUGUST 25, 2022

“For some smaller originators, it could kind of move the needle,” said Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW). “But I don’t think it can be meaningful for the big companies just because these other markets are smaller than the traditional mortgage market.”

Mortgages 418

Mortgages Equity Loans Seller concession 418

Housing Wire

JUNE 6, 2024

Adding the fiscal policy to that, Duncan said there’s more price sensitivity among investors in the U.S. Duncan expects the Fed to impose two rate cuts this year, in September and December. Mortgage rates are estimated to end 2024 at about 7% and fall to about 6.5% But to me, it’s an excess of information.”

Mortgages 487

Mortgages Pre-approval Equity Investor 487

Marco Santarelli

JANUARY 2, 2025

When inflation is a concern, lenders increase rates to maintain profit margins. Treasury bonds impacts mortgage rates. As bond yields rise, mortgage rates typically follow suit. Investors often demand higher yields in a rising interest rate environment. Bond Market : The yield on U.S.

Mortgages 98

Mortgages Fixed-rate mortgage Debt-to-income ratio VA loan 98

Housing Wire

SEPTEMBER 12, 2023

Investors impose these fees on lenders whenever a borrower pays off their mortgages usually within up to six months of funding. The 30-year fixed-rate mortgage, which reached 7.17% on Monday at HousingWire’s Mortgage Rates Center , will decline at some point. When will the market turn?

Loan Officer 418

Loan Officer Loans Investor Mortgages 418

Housing Wire

JANUARY 25, 2022

The Community Home Lenders Association (CHLA), which represents small and mid-sized IMBs, just sent a letter to the Federal Housing Finance Authority (FHFA) , asking for tweaks to FHFA’s recently announced fee hikes on second home and high balance Fannie Mae and Freddie Mac loans.

Marketing 370

Marketing Fixed-rate mortgage Banks Loans 370