"Conventional delinquencies remain near historical lows, but FHA and VA delinquencies are increasing at a faster pace," the ...
These are today's mortgage and refinance rates. Mortgage rates have been trending lower, but where they go next depends on inflation.
MBA data shows that the spread between FHA and conventional delinquency rates reached 841 basis points, while the VA and ...
Freddie Mac’s average rate on a 30-year fixed-rate loan was 6.95% for the week ending January 30, virtually unchanged from a ...
Rates on new 30-year mortgages saw a notable drop Wednesday—lowering the flagship average to its cheapest level since before Christmas. Several other averages also dipped.
According to data compiled by John Burns, FHA and VA loans represented 34% of the market in 2024, up from less than 30% in ...
Rates on 30-year mortgages ticked up a minimal 1 basis point Friday after four days of decline, finishing the week at a 6.84% average. That's just barely above the cheapest level registered since ...
Second, borrowers pay a one-time funding fee but don't pay an annual fee as the FHA and USDA loan programs require. A ...
Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...
LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second time in as many years as elevated mortgage rates, rising home prices and few ...
The U.S. housing market has been in a sales slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. The average rate on a 30-year mortgage surged to a 23-year high of ...