Application activity increases, led by uptick in refis Critics of fhlb membership rule aren’t thrilled with prospect of repeal Articles by Brian Collins | national mortgage news Journalist. – Critics of FHLB membership rule aren’t thrilled with prospect of repeal By Brian Collins americanbanker.com – WASHINGTON – A bill to allow captive insurance companies to be reinstated as members of the Federal home loan bank System appears to be dividing the Home Loan bank community.
For example, in June, the average 1-year CD interest rate is 1.39% APY and the average 3-year CD rate is 1.85% APY, compared to the average 5-year CD rate of 2.23% APY. Longer-term CDs do exist, but even their yields don’t often exceed 5-year CD rates these days.
Lennar warns of hurricane-related delays to new-home deliveries US housebuilder Lennar expects delays to deliveries after hurricanes Irma and Harvey – Housebuilder Lennar corp. (nyse. “The expected shift of deliveries this year not only takes into account damage from the storm but also short-term labour challenges, power outages, potential delays.
Mortgage Rates Higher, But Not Because Of The Fed. In general, when 10yr Treasury yields are at long-term highs, mortgage rates will be able to make the same claim, or close to it. With that in mind, both 10yr yields and mortgage rates hit their highest levels in more than 2 months today. That said, the move was more apparent in Treasuries.
Single-family housing starts rise to highest level in a decade Housing starts rose 4.4% in December to an annual rate of 1.09 million, the U.S. Commerce Department reported. Starts of single-family homes hit the highest level since early 2008. “Today’s report.People on the move: March 23 CoreLogic appoints COO Frank Martell as president and CEO Ginnie mae mbs issuance returns to year-ago levels Ginnie Mae Issuance Surpasses GSEs, Again – HousingWire – Total issuance at ginnie mae reached $27.1 billion in November, the government agency said earlier this week, bringing the 2008 total to $246 billion, and marking the second straight month that.CoreLogic, Inc. (NYSE:CLGX) Q1 2016 Results Earnings Conference Call April 21, 2016 11:00 AM ET Executives Dan Smith – Investor Relations Anand Nallathambi – President and CEO Frank Martell – COO AnalAnonymous on New Mexico Timeshare News: March 3, 2018 Any phone number to watch out for? Loreen on New Mexico Timeshare News: March 3, 2018 We were scammed the same way. When they wanted $12000 in "Mexican taxes" I knew it was over.
Everywhere you turn lately, radio, TV, internet, you see and hear about "Interest Rates on the Rise", it tends to be quite unsettling to those in the market for a home and those who could benefit from a mortgage refinance.Let’s not forget, higher interest rates do not just apply to mortgage loans, they also can affect credit cards, variable rate debts and car loans to name a few areas.
30 Year Conforming Mortgage Rates Hit New Low for 2017 Mortgage rates continue to move lower, defying predictions of higher mortgage rates in 2017. In fact, mortgage rates today just hit a new low for 2017 and are only about 50 basis points above an all-time low set in 2013.