MCT Says It's the First to Integrate with Freddie Mac’s Income Limits API Mortgage Capital Trading, Inc. (MCT®), a mortgage hedge advisory and secondary marketing software firm, announced it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits.

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Mortgage Rates Dip to Lowest Since September 2022

Fresh indicators of cooling inflation have pushed long-term U.S. mortgage rates to their lowest levels since last September. So reports CNN.

Freddie Mac 150x150According to Freddie Mac, the average on the 30-year fixed-rate mortgage was 6.15% in the week ending January 19, down 18 basis points from the previous week. That’s still up from 3.56% a year ago.

Freddie Mac economist Sam Khater noted that the decline came amid signs that inflation might have peaked.

Read the full article from CNN.

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