Mortgage Rates Return To April 2010 Levels

Mortgage rates are surging. Over the last 7 days, conventional, 30-year fixed rate mortgage rates have jumped 24 basis points, or 0.24%, according to Freddie Mac‘s weekly Primary Mortgage Market Survey. It’s the largest 1-week spike in mortgage rates in recent history. The 30-year fixed rate...

The nation’s disconnect on loan officer compensation « HousingWire

We are already seeing some innovative wholesale lenders tightening the screws on third-party originators in order to get the loans they need with as little risk as possible. That’s translating into lower pay for front-line originators. via The nation’s disconnect on loan officer compensation «...

Does Fannie Mae Own Your Mortgage? Loan Lookup Tool

Does Fannie Mae Own Your Mortgage? Loan Lookup...

Rates Have Hit All-Time Low Levels Again

CNBC and Bankrate.com just reported that home loan rates are at their all time lows. Yes, all time lows! This is great news for anyone who has yet to refinance to take advantage of the lowest rates ever recorded, or to purchase that new home or investment property more affordable than ever before. Both 30...

What’s Ahead For Mortgage Rates This Week : June 21, 2010

Mortgage markets improved last week on weaker-than-expected jobless figures, ongoing troubles in Europe, and a tame reading on domestic inflation. As a result, conforming mortgage rates for Washington fell last week, drawing loads of new refinance applications. For a brief moment Thursday afternoon,...