Lenders make homeownership possible for many people who don’t have the available cash to purchase a home. They also help buyers with bad credit or no down payment to obtain loans….
Mortgage applications increased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Oct. 14 (with an…
Freddie Mac’s most recent Primary Mortgage Market Survey shows average fixed-mortgage rates moved higher for the week ending Oct. 8, with average fixed mortgage rates following Treasury yields. “The 10-year…
Average fixed mortgage rates remain largely unchanged ahead of this week’s employment report, according to the most recent Freddie Mac Primary Mortgage Market Survey. “The 10-year Treasury yield leaped to…
Despite an increasing proliferation of low down-payment mortgages, first-time homebuyers still believe they must put 20 percent down to compete in today’s market. But that’s not accurate given current market conditions,…