Tag: Mortgage
Albuquerque Mortgage Rates Climb Mortgage Rates Climb on Strengthening Economy Fixed-rate mortgages were on the rise this week, following a 25% monthly jump in new home sales and an improving job outlook report, Freddie Mac reports in its weekly mortgage market survey. Freddie Mac reports the following national averages for... Read More
The new “Know Before You Owe” mortgage forms will replace existing federal disclosures The Consumer Financial Protection Bureau (CFPB) is issuing a rule Wednesday requiring lenders to use its disclosure templates to lay out mortgage terms for borrowers. The new Know Before You Owe mortgage forms will replace existing federal... Read More
Fixed Mortgage Rates Continue To Fall Fixed mortgage rates falling for the third consecutive week amid declining consumer confidence and the onset of the federal government shutdown. The average 30-year fixed rate mortgage is at its lowest level since the week ending June 20, 2013. FULL... Read More
Some see the recent rise in Albuquerque NM mortgage rates as a difficulty, but the latest Fannie Mae National Housing Survey posits a different point of view. Their chief economist says: “The spike in mortgage rate expectations this month…may increase housing activity in the near term by driving urgency to... Read More