Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

Estimated reading time: 0 minutes, 20 seconds

Mortgage Rates Won’t Budge, Wrap Steadiest Month of 2021

Thursday, Sep 02 2021
Lending
Written by  The Mortgage Leader

Mortgage rates finished their most stable month of the year as August came to a close. According to Freddie Mac, the 30-year, fixed-rate mortgage averaged 2.87% for the week ending Sept. 2. So reports Inman.

Freddie Mac 300x300That’s not only the same rate as the prior week—it also matches the average for a 30-year, fixed-rate mortgage during the week ending Aug. 12.

Read the full article from Inman. 

Read 2286 times
Rate this item
(0 votes)
More in this category: « Rocket Leverages Mortgage Biz With Push Into Car Sales Mortgage Demand Eases As Refinancing Activity Slows »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline