Freddie Mac: Mortgage rates fall for third consecutive week – Sponsor Content “Mortgage rates fell for the third consecutive week, continuing the general downward trend since late last year,” Freddie Mac Chief Economist Sam Khater said. Wages are growing on par.
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CoreLogic Loan Performance Insights Find Overall U.S. Mortgage Delinquency and Foreclosure Rates Lowest for June in 12 Years – After last year’s trio of hurricanes – Harvey, Irma and Maria – serious delinquency rates on home mortgages tripled in the Houston, Texas, and Cape Coral, Florida, metro areas and quadrupled in San.
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D-FW mortgage activity drops with higher finance costs and fewer home sales – A rise in interest rates and slowing home sales have caused a decline in dallas-fort worth residential mortgage activity. North Texas home loan activity fell 6 percent in the second quarter compared.
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Expect layoffs as D-FW mortgage industry deals with rising interest rates – That’s particularly bad news for North Texas, which is one of the employment capitals. This obviously rolls down and impacts mortgage companies." In previous home cycles, a bump in mortgage rates.