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“In general, the bill’s funding levels represent a compromise between the higher amounts of the administration request and House bill and the lower amounts of the Senate bill, providing most HUD programs with increases from last year,”…
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After two weeks of declines, the 30-year mortgage rate jumped to 3.85% as the conflict in Ukraine further exacerbated rate volatility in the US. The 30-year fixed-rate mortgage rose nine-basis points to 8.85% for the week ending March 10,…
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Mortgage credit availability surged to a 10-month high in February despite lenders becoming increasingly bearish due to choppy market conditions. The Mortgage Bankers Association’s latest Mortgage Credit Availability Index (MCAI) edged up…
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