We saw mortgage rates pull back after some soft economic data on manufacturing, home construction and consumer spending. So even though the Federal Reserve is laying the groundwork for the eventuality of interest-rate hikes, any economic softness just pushes the timetable further out.
Long-term interest rates declined this week, with Freddie Mac saying lenders were offering conventional 30-year mortgages at an average of 3.78%, down from 3.86% a week ago.
Average long-term U.S. mortgage rates fell this week, remaining near historically low levels at the start of the spring home-buying season. Mortgage giant Freddie Mac said Thursday the national average …
After bouncing up and down lately, the 30-year fixed-rate average drops to 3.78 percent this week.
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $4.8 million Fannie Mae loan facility to finance the acquisition a multifamily property located in Jackson, …
CIM Mortgage Trust , a direct lender that originates commercial real estate loans for projects in urban communities throughout the U.S., announced today that it has originated and placed a $68 million loan to fund the acquisition and repositioning of four properties located in Miami, Florida.
Mortgage refinancing as a share of overall loan volume jumped 8 percent in February to comprise 59 percent of lenders’ loan volume, according to the latest Origination Insight Report released by Ellie Mae® , a leading provider of innovative on-demand software solutions and services for the residential mortgage industry.
WALNUT CREEK, Calif. — via PRWEB – Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that its Board of Directors has declared a quarterly dividend of $0.07 per share of common stock for the quarter …
Prudential Mortgage Capital Company provided a £32.4 million loan to refinance Fizzy Living’s UK Private Rented Sector portfolio. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc.
The latest Mortgage Bankers Association report on mortgage applications noted a week-over-week decrease in the group's seasonally adjusted composite index for the week ending March 13.