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Navigating the Transition: The Shift in Mortgage Lending Rates The mortgage industry is witnessing a significant shift in lending rates, influencing both lenders and borrowers. This article explores the implications of these changes and strategies for adapting to new market conditions.
Chris Frankie
Existing Home Sales Plummet Furthest Since 2010
- Thursday, 28 May 2020
U.S. sales of existing homes tumbled 17.8% in April, their largest one-month drop since a 22.5% plunge in July 2010. So reports the Associated Press.
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Mortgage Delinquencies Spike by Record Amount in April
- Wednesday, 27 May 2020
U.S. mortgage delinquencies had their biggest single-month increase on record in April. So reports USA Today.
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Fannie, Freddie Look for Advisor in Next Step Toward IPO
- Monday, 25 May 2020
Fannie Mae and Freddie Mac have each notched another milestone on their way out of federal conservatorship by seeking a financial advisor. So reports 24/7 Wall Street.
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