Mortgage rates followed the 10-year Treasury yield for the first time in 2017 with a substantial increase from last week. “The 10-year Treasury yield rose about 10 basis points this week,” Freddie Mac.
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dropping three basis points to a new year-to- date low of 3.86%,” Freddie Mac Chief Economist Sean Becketti said. The 30-year fixed-rate mortgage dropped to 3.86% for the week ending August 24, 2017..
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Mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives California expands mortgage help to those with second homes Mortgage rules differ for second homes vs. investment properties. Lenders usually charge buyers higher interest rates when they are borrowing mortgage money for an investment property that they plan to rent out and eventually sell for a profit. There’s a reason for this: Lenders consider loans for these homes to be riskier.
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"Despite the increase in cash-out refinances in the recent quarters, there is little risk of over leveraging in the conventional conforming prime market,” Freddie Mac Chief Economist Sean Becketti..
2017 HW Vanguard: Terry Schmidt December 03, 2017 RSS FEED No comments With more than 30 years of experience in helping grow Guild into a Top 10 independent mortgage lender, Executive Vice President and Chief operating officer terry schmidt has led efforts to improve the mortgage industry in many ways.
Cloudvirga CEO Michael Schreck honored as Vanguard Award winner (HousingWire) Cloudvirga CEO Michael Schreck is a recipient of HousingWire’s 2018 HW Vanguard Award. Now in its fourth year, the Vanguard Awards spotlight the housing finance industry’s most successful and influential executives.
Sean Becketti, chief economist with Freddie Mac. the 30-year fixed-rate mortgage sits at 4.20% for the week ending Jan. 5, 2017, down from last week when it averaged 4.32%. However, this is still.
“Global interest rates turned up sharply over the last week,” Freddie Mac Chief Economist Sean Becketti said. rate mortgage increased to 3.96% for the week ending July 6, 2017. This is a.