The agency will allow an additional three months of forbearance for loans backed by Fannie Mae and Freddie Mac, giving homeowners up to 18 months to suspend payments due to the pandemic.

Today’s mortgage and refinance rates  Average mortgage rates soared yesterday, rising by a greater amount than we’ve seen in a long time. Of course, they’re still very low in a […]

Today’s mortgage and refinance rates  Average mortgage rates nudged higher yet again yesterday. Of course, these rates remain exceptionally low by historical standards and are at dream levels for most. […]

A gauge of U.S. pending home sales fell to a six-month low in January as buyers competed for a limited number of properties.

Fewer Americans are applying for mortgages — a sign that some buyers may be dismayed by rising home prices and mortgage rates.

The post Pending Home Sales Fall in January as Inventory Constrains Buyers appeared first on Real Estate News & Insights | realtor.com®.

Today’s mortgage and refinance rates  Average mortgage rates rose yet again yesterday. But it was the smallest increase for a couple of weeks. Is that any consolation? Unfortunately, mortgage rates […]

Purchases of new single-family homes increased 4.3% to a 923,000 annualized pace in January from an upwardly revised 885,000 rate in the prior month, government data showed Wednesday.

Thomas A. Ferrara/Newsday RM via Getty Images)Mortgage rates reached their highest level since November last week, cooling off home purchase and refinance applications ahead of the all-important spring selling season.

The post Rising Rates Damp Mortgage Applications Ahead of Spring Selling Season appeared first on Real Estate News & Insights | realtor.com®.

Severe winter weather and another hike in mortgage rates stifled loan volume for the week, according to the Mortgage Bankers Association.