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A service for Realtors · Friday, February 26, 2021 · 535,980,800 Articles · 3+ Million Readers
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Fixed Rate Mortgage News Monitoring

  • Published on 13:10 GMT

    Soaring mortgage market continues to drive growth at major Charlotte lenders

    By Laura Williams-Tracy – Contributing Writer Feb 26, 2021 With economic anxiety all around, the housing industry — buoyed by rock-bottom interest rates and rising home values — was a rare bright spot in 2020. Millions of people bought homes at low rates …

    Source: Charlotte Business Journal - North Carolina - Neutral
  • Published on 03:48 GMT

    Here's what you need to do after moving into a new house

    Owning a home continues to be an important part of the American Dream, even during a pandemic. But when moving, it’s possible to forget some odds and ends so having a to-do list ensures nothing is overlooked. (iStock) Although the pandemic adversely …

    Source: Fox News - Right-wing
  • Published on 03:48 GMT

    Beware of mortgage prepayment penalty fees when refinancing

    If you want to refinance your home loan, read this first. (iStock) The coronavirus pandemic has significantly impacted the personal finances of millions of Americans. Many people, including homeowners, have lost their jobs and have used emergency savings …

    Source: Fox News - Right-wing
  • Published on Feb 25, 2021

    US long-term mortgage rates rise; 30-year average at 2.97%

    WASHINGTON (AP) - U.S. long-term mortgage rates rose this week but still remain near historic lows as the pandemic-hobbled economy strains toward recovery with more Americans getting vaccinated against the coronavirus. Mortgage buyer Freddie Mac reported …

    Source: The Washington Times - Right-wing
  • Published on Feb 25, 2021

    Fort Collins home buyers have access to new down payment assistance option

    Prospective homeowners in Fort Collins now have another option to help them afford a down payment. The city of Fort Collins opted into the metroDPA (down payment assistance) program, which offers 30-year fixed rate mortgages with up to 6% down payment and …

    Source: The Coloradoan - Neutral
  • Published on Feb 25, 2021

    Mortgage rates are climbing. Don't panic

    Just last week, mortgage rates rose to the highest point since August 2020. The average interest rate on a 30-year fixed-rate mortgage went up to 2.97%, according to Freddie Mac. The 15-year fixed-rate mortgage rose to 2.34%. It marked the biggest one-week …

    Source: CNN - Neutral
  • Published on Feb 25, 2021

    Mortgage rates surge higher for second week in a row

    Freddie Mac, a federally chartered mortgage investor, aggregates rates from about 80 lenders nationwide to come up with weekly national average mortgage rates. It uses rates for high-quality borrowers with strong credit scores and large down payments. …

    Source: The Washington Post - Neutral
  • Published on Feb 24, 2021

    Pattie Lovett-Reid: Bank of Canada governor sees signs of 'excess exuberance' in real estate market

    HUNTSVILLE, ONT. -- Over the past year, one thing has become abundantly clear as we work from home. We now know with crystal clear clarity what our homespace should look like. If it didn't meet your new expectations, you likely have been on the move. …

    Source: CTV News - Neutral
  • Published on Feb 25, 2021

    Fed payments system goes down for hours; mortgage apps drop on rate hike

    Receiving Wide Coverage ... Technical fault The Federal Reserve said “an unspecified error disrupted all of its financial-services systems in an extraordinary event that took down key payment systems used by banks, businesses and government agencies for …

    Source: American Banker - Neutral
  • Published on Feb 25, 2021

    Mortgage rates jump to the highest level since August — is the refinance boom over?

    Mortgage rates increased significantly again this week — making a refinance less attractive to many homeowners across the country in the process. The 30-year fixed-rate mortgage averaged 2.97% for the week ending Feb. 25, up 16 basis points from the week …

    Source: MarketWatch - Neutral
  • Published on Feb 25, 2021

    Mortgage Rates Rise

    MCLEAN, Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.97 percent. “Optimism continues as the economy …

    Distribution channels: Media, Advertising & PR ...
  • Published on Feb 25, 2021

    BOA expands down-payment assistance program for home buyers with moderate incomes

    Bank of America’s program includes a Down Payment Grant component and America’s Home Grant program, which covers some closing costs. Since the program was launched, Bank of America has helped nearly 21,000 individuals and families buy homes with affordable …

    Source: The Washington Post - Neutral
  • Published on Feb 25, 2021

    Home sweet home: now is the time to buy

    Robert Dietz, senior vice president and chief economist of the National Association of Home Builders, predicts that single-family home construction will continue to grow. “With home builder confidence near record highs, we expect continued gains for single …

    Source: Tri Village Magazine - Uncategorized
  • Published on Feb 24, 2021

    New York Mortgage Trust Reports Fourth Quarter and Full Year 2020 Results

    NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and twelve months ended December 31, 2020. Summary of Fourth Quarter and Full Year …

    Distribution channels:
  • Published on Feb 24, 2021

    Why the Australian dollar is rising — and what that's got to do with your mortgage repayments

    The Australian dollar is on the move, now hovering around 80 US cents. Over February alone it's gained roughly 5 cents against the US dollar. That's quite a move for any currency. The Australian dollar is increasing in value for several reasons, …

    Source: ABC (Australian Broadcasting Corporation) - Public Broadcaster
  • Published on Feb 24, 2021

    Mortgage Application Volume Continues Decline

    The volume of mortgage applications for both home purchase and refinancing fell for the third straight time during the week ended February 19. The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of that volume, dropped 11.4 …

    Source: Mortgage News Daily - Neutral
  • Published on Feb 24, 2021

    Anworth Mortgage Asset (ANH) Q4 2020 Earnings Call Transcript

    Image source: The Motley Fool. Anworth Mortgage Asset (NYSE:ANH) Q4 2020 Earnings Call Feb 24, 2021, 1:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon, everyone, and welcome to the …

    Source: Financial Content - Neutral
  • Published on Feb 25, 2021

    Park Hotels & Resorts Inc. Reports Fourth Quarter and Full Year 2020 Results

    TYSONS, Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the fourth quarter and full year ended December 31, 2020 and an operational update on COVID-19. Fourth quarter …

    Distribution channels: Business & Economy, Real Estate & Property Management ...
  • Published on Feb 24, 2021

    Massachusetts First-Time Homebuyer Assistance Programs - Bankrate

    As is the case in most parts of the country, first-time homebuyers in Massachusetts are finding themselves in a seller’s market. In keeping with the national trend, home prices have been on the rise in the state, with the median single-family price up more …

    Source: Massachusetts State News Net - Uncategorized
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