Tag: Needaloan

Posted on 04/17/2020
Mortgage Minute
The housing sector is going through a major upheaval while interest rates hit all-time lows because of the coronavirus, but that won’t necessarily translate to lower mortgage rates on some mortgage programs. WHY? The 30-year fixed-rate conventional conforming mortgage averaged 3.31% during the week ending April 16. Theoretically, mortgage rates could be even lower if these were normal circumstances....
+ 2 more
Read More
Posted on 10/28/2019
Mortgage Minute
According to Freddie Mac's Primary Mortgage Market Survey, rates jumped from a previous low trend, but the general market sentiment is still favorable and optimistic.In the weekly Freddie Mac Primary Mortgage Market Survey, Freddie Mac's Chief Economist Sam Khater said, “...The housing market remains on the upswing with improvement in construction and home sales. While there has been a...
+ 2 more
Read More