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Mortgage News & Articles

Current Mortgage Rates for Tuesday June 2, 1015

Current mortgage rates from the nation's top lenders are mostly mixed this morning, with rates on several loan programs going both up and down. Here is a quick summary of the mortgage market. Today at Bank of America,the 30 year fixed mortgage is still unchanged at... read more

U.S. Home Values Increase by 6.8% in April 2015

CoreLogic released its 2015 home price index for April, showing that home values Nationwide have increased by 6.8% in April of this year compared with April of 2014. These numbers include distressed property sales and a month over month basis of increases at 2.8%... read more

Does HUD Owe You A Refund?

(Source: HUD) - If you had an FHA-insured mortgage, you may be eligible for a refund from HUD/FHA. Who may be eligible for an FHA refund or share? Premium Refund: You may be eligible for a refund of a portion of paid FHA mortgage insurance premium if you: acquired... read more

Freddie Mac Prices $425.6 Million STACR Offering

(Source: Freddie Mac) MCLEAN, VA - Freddie Mac (OTCQB: FMCC) today priced a $425.6 million Structured Agency Credit Risk (STACR®) debt notes offering, its fourth one this year. Through STACR, Freddie Mac transfers a portion of its credit risk on certain groups of... read more

USDA Celebrates National Homeownership Month

Activities and Events across the Nation to Spotlight USDA's Efforts to Help Families in Rural Communities Achieve the Dream of Owning a Home (Source: USDA) WASHINGTON, June 1, 2015 - Agriculture Secretary Tom Vilsack today kicked off National Homeownership Month by... read more

Mortgage Rates for Monday June 1, 2015

The national average for mortgage rates at the nation's top lenders this Monday morning is mostly the same as Friday. I did note a few lenders dropped rates on some select loan programs like the 15 year fixed. The 30 year fixed mortgage over the past week averaged... read more

OCC Takes Action Against Bank of America to Protect Consumers

To Ensure Servicemembers Receive Credit Protections for Their Non-Home Loans (SOURCE: OCC) — The Office of the Comptroller of the Currency (OCC) last week assessed a $30 million civil money penalty against Bank of America, National Association, and ordered remediation... read more

NAHMA Releases 2015 Affordable 100 List

(Source: NAHMA) Alexandria, VA — The National Affordable Housing Management Association (NAHMA) announces its 2015 Affordable 100—a list of the 100 largest affordable multifamily property management companies ranked by affordable unit counts, as well as in the June... read more


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