Category: mortgage information
Posted on November 7, 2022
Mortgage Rates Slip After Fed Hike, But What’s Next?
Mortgage rates this week dipped slightly below 7%, even after the Federal Reserve aggressively raised its benchmark interest rate again to tame inflation. The 30-year fixed-rate mortgage averaged 6.95% this week after hitting a 20-year high of 7.08% …
Posted on July 23, 2018
Home Shoppers Get ‘Extra Time to Find the Right Home’
July 20, 2018 © REALTOR® Magazine Mortgage rates dropped slightly this week, but overall, they were mostly flat, offering some temporary relief to borrowers. Mixed economic data this week prompted mortgage rates to remain in mostly a holding …
Posted on April 16, 2018
FEMA Changes Encourage Private Flood Insurance
Daily Real Estate News | Friday, April 13, 2018 <!– –> In the absence of legislative reform by Congress, there’s only so much the Federal Emergency Management Agency can do to encourage the growth of private flood insurance. …
Posted on December 6, 2017
Independent Bank To Acquire Traverse City State Bank
By Beth Milligan | Dec. 5, 2017 Independent Bank Corporation (IBC) announced Monday it is acquiring Traverse City State Bank. According to a press release announcing the news, Traverse City State Bank will be consolidated into the IBC …
Posted on April 11, 2017
Calculator for Buyers: Purchase Now or Save More?
Daily Real Estate News | Monday, April 10, 2017 <!– –> While nearly 40 percent of aspiring homeowners believe they need to put down 20 percent on a home purchase, the truth is the average down payment was …
Posted on January 23, 2017
Mortgage Rates Move Down Again
Daily Real Estate News | Friday, January 20, 2017 <!– –> For the third consecutive week, fixed-rate mortgages edged down, lowering borrowing costs for buyers and refinancers. Freddie Mac reports the following national averages with mortgage rates for …
Posted on December 20, 2016
Families Can Get $11,000 More In Loan Funds
Posted in Mortgage Financing, by Robert Freedman on December 19, 2016 5Share Interest rates are inching up and credit can still be hard to get but there is one bright spot for households hoping to buy a home …
Posted on September 21, 2016
Freddie Mac Tests Less-Stringent Loan Program
Daily Real Estate News | Wednesday, September 21, 2016 <!– –> In a new pilot program, Freddie Mac and two non-bank lenders are easing income and documentation requirements for mortgage borrower applicants. Meeting Buyers Halfway FHA Condo Relief …
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