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U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in over a decade outside of the pandemic amid elevated mortgage rates and high construction costs. The National Association of Home Builders/Wells…
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Carrington Mortgage Services has reported that it bought $62.3 billion in servicing from home loans held by more than 236,000 borrowers in the past year. The addition of these mortgage servicing rights roughly doubled the Anaheim,…
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Today’s mortgage and refinance rates Average mortgage rates nudged higher last Friday. But they’ve fallen satisfyingly over the last seven days. Unfortunately, it’s looking this morning as if mortgage rates today might rise. As always, that…
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