Remove Fixed-rate mortgage Remove Principal Remove VA loan
article thumbnail

GSEs completed nearly 60,000 foreclosure prevention actions in Q1 2023: FHFA

Housing Wire

The total number of loans in forbearance at the end of Q1 stood at 65,757, coming out to 0.21% of the total loans serviced and 15% of delinquent loans. Sixteen percent of home modifications in Q1 were modifications with principal forbearance, the report said. The serious delinquency rate also decreased to 0.6%

VA loan 370
article thumbnail

Today’s Mortgage Rates April 16, 2025: Big Drop in Rates as Treasury Yields Fall

Marco Santarelli

Today's Mortgage Rates April 16, 2025: Big Drop in Rates as Treasury Yields Fall Key Takeaways Mortgage rates for April 16, 2025, have fallen substantially from last week. 30-Year fixed-rate mortgage now averages 6.78% , an eight basis-point drop.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Today’s Mortgage Rates March 2, 2025: Rates Are Substantially Down

Marco Santarelli

Generally, the 30-year fixed-rate mortgage is the most popular choice among homebuyers. This type allows homeowners to spread out their payments over three decades, resulting in lower monthly payments compared to shorter term loans. down payment.

Mortgages 105
article thumbnail

Today’s Mortgage Rates March 11, 2025: Rates Fluctuate Before Inflation Data

Marco Santarelli

Exploring the Mortgage Options While traditional fixed-rate mortgages are often the go-to choice for many buyers, there are various mortgage products available to meet different financial needs. Monthly Payment on $150,000 Mortgage Estimated Monthly Payment: $934.56

article thumbnail

Today’s Mortgage Rates March 27, 2025: Rates Show Minor Fluctuation

Marco Santarelli

Refinance Rates: Generally similar to purchase rates, with the 30-year fixed refinance at 6.61% and the 15-year fixed refinance at 6.00%. VA Loans: Continue to offer potentially lower rates for eligible military-affiliated borrowers. The 30-year VA loan rate is at 6.14%.

article thumbnail

Today’s Mortgage Rates February 26, 2025: Rates Drop to Lowest Point

Marco Santarelli

Are you glued to your screen, constantly refreshing to find out today's mortgage rates ? As of February 26, 2025, we've seen a welcome dip in mortgage rates. The average 30-year fixed-rate mortgage is currently sitting at 6.35%. Well, breathe a sigh of relief, because there's a bit of good news!

article thumbnail

Today’s Mortgage Rates April 12, 2025: Rates Rise Significantly in a Shaky Market

Marco Santarelli

Adjustable Rates When considering mortgage options, many face the choice between fixed-rate and adjustable-rate mortgages (ARMs). Fixed-Rate Mortgages Pros: Consistency: Monthly payments remain stable throughout the life of the loan, which allows for easier budgeting.