NEW YORK (TheStreet) — Blackstone Mortgage Trust Inc. stock is climbing higher by 5.79% to $29.78 on heavy volume in late morning trading on Friday, after the real estate finance company announced that it has signed a definitive agreement to acquire a $4.6 billion commercial mortgage loan portfolio from GE Capital Real Estate. The company said the purchase is part of a larger $23 billion …
The 30-year fixed-rate average declined from 3.70 last week to 3.66, its lowest level since the first half of Feb 2015.
WASHINGTON (AP) — Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.
Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates moving lower following a weaker than expected jobs report for March.
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided Fannie Mae loan facilities to refinance two properties located in Wisconsin. The properties include: