If mortgage rates fall to a projected 6% by the end of 2024, 33% of loans originated in 2023 can save a full percentage point or more
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Freddie Mac will offer a $2,500 credit for very low-income borrowers to help with home purchase costs amid challenging conditions.
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Powell believes the Fed can wait until it sees more labor damage before cutting the Federal Funds Rate or moving toward a neutral policy stance.
Mortgage rates were volatile last week after the jobs report and the Fed meeting. What should we expect this week?
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Lawmakers in the Senate and House are aiming to address issues of housing supply and affordability with new legislation.
The new final rule is designed to ease access for more community-based entities into FHA lending programs, according to the agency.
Both metrics fell modestly as the industry progresses into a year that could see big changes stemming from FHA and Ginnie Mae policy.
We got a jobs Friday hat trick, with jobs beating estimates, positive revisions and robust wage growth.
In total, the production of these individuals represented about $424 million last year, Modex shows.
Fairway, the the nation’s ninth-largest mortgage originator, announced Friday that it would be closing its wholesale channel and pivoting entirely to retail.