Mortgage rates drop for the first time in four weeks

Concerns about the U.S.-China trade feud pushed mortgage rates lower this week. According to data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.1. some time. Even.

Home prices in 20 U.S. cities increase by most since 2014 (Bloomberg)-Home prices in 20 U.S. cities rose in September by the most in more than three years, indicating resilient demand at a time of persistently scarce inventory, according to S&P.Ted Tozer is joining PennyMac’s board Putin pins housing hopes on mortgage factory modeled on U.S.

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Mortgage Rates Drop For The First Time In Seven Weeks. One-year Treasury-indexed adjustable-rate mortgages (arms) averaged 4.23 percent this week, with an average 0.7 point, down from last week when it averaged 4.24 percent. At this time last year, the one-year ARM averaged 3.65 percent.

Mortgage Rates Drop For The First Time In 4 Weeks After 4 weeks of rising costs, Brentwood mortgage rates finally recede. According to Freddie Mac’s weekly primary mortgage market Survey , the average 30-year fixed rate mortgage rate dropped 7 basis points to 3.59% this week.

Thomas H. Lee to sell part of its Black Knight investment Thomas H. Lee Partners is a Boston-based leading private equity firm run by co-presidents Scott Sperling and Anthony DiNovi which focuses on identifying and obtaining substantial ownership positions in large growth-oriented companies where they can add managerial and strategic expertise to create value for its partners.New-home sales decline in January to three-month low

Freddie Mac reports the following national averages with mortgage rates for the week ending May 23: 30-year fixed-rate mortgages: averaged 4.06%, with an average 0.5 point, falling from last week’s 4.07% average. Last year at this time, 30-year rates averaged 4.66%.

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Star Reliable Mortgage operators sentenced 1600 investors in diamond mortgage company and A.J. Obie, two firms with the same managers, lost approximately $50 million in what the Michigan Court of Appeals described as "the largest reported ‘Ponzi’ scheme in the history of the state". It led to the passage in 1987 of the Mortgage Brokers, Lenders, and Servicers Act.

The weekly average rates for new mortgages as of 2 nd May were quoted by Freddie Mac to be: 30-year fixed rates fell by 6 basis points to 4.14% in the week. Rates were down from 4.55% from a year ago.

I first created this list in February 2007, back when scores of mortgage companies were consolidating, laying off employees, sending out scary warnings, and going out of business.