The downward movement in mortgage rates over the past few months accelerated last week as a cooler-than-expected jobs report and indications of a Federal Reserve rate cut led to a steep drop in loan pricing.
Search Results for: 2024
6 Results found for 2024
Aug 06, 2024
The V.A. issued guidance to strongly encourage servicers to extend the moratorium while they implement a program to help struggling veterans.
May 30, 2024
Economists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination volume and MBS market forecasts.
May 22, 2024
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services.
Jan 09, 2024
Even if mortgage rates dropped to 4%, the median monthly payment would still be 44% above pre-pandemic levels, said Kevin Barker of Piper Sandler.
Jan 08, 2024
About 47% of mortgage pros said they anticipate purchase volume going up in the next three months in their respective markets.
Jan 02, 2024