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A&D Mortgage has rolled out new temporary rate buydown programs designed to give high-net-worth borrowers “more flexibility” with their home financing options, the non-QM lender announced this week. “Temporary rate buydown plans are a…
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“We observed an extremely volatile and uncertain fixed income market in the second quarter as the Fed continued to increase interest rates, exerting downward pricing pressure on our mark-to-market assets,” Angel Oak Mortgage CEO Robert…
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According to the latest data from Freddie Mac, the average 30-year fixed-rate mortgage was 6.31% as of December 15 – a slight decline from 6.33% the previous week but up from 3.12% a year ago. “The market may be thawing since mortgage rates…
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