30-Yr. Fixed Conforming. Updated hourly during market hours.
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Latest Posts

Breaking Even a ‘Reasonable Outcome,’ As Mortgage Profits Fall 

Jun 10, 2014By

Independent mortgage banks and mortgage subsidiaries of chartered banks experienced a loss in profits for the first quarter of 2014, reporting a net loss of $194 on each loan they originated in 2014, according to a Mortgage Bankers Association (MBA) report. The report tracks only forward mortgage data in its compilation, not reverse.  The MBA’s […]