Interest rates could rise as nation turns corner

Interest rates could rise as nation turns corner

Borrowers enjoyed ultra-low interest rates before rates began to slowly creep upward at the beginning of the year. Freddie Mac is forecasting further increases as the year progresses, providing a short window for borrowers to purchase or refinance their loan at a...
May real estate purchases highest since 2020

May real estate purchases highest since 2020

In the world of mortgage originations, those in the category of purchases reached the highest level since the early part of 2020. According to an ICE Mortgage Technology, home purchases held onto 47% share of mortgage originations. Here’s how other categories fared:...