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With the key benchmark 10-year Treasury yield slipping below its recent high of 5%, Yun highlighted the fact that mortgage rates will now likely tick downwards, with the 30-year fixed rate likely to drop to around 6% by spring of 2024.…
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The Department of Housing and Urban Development's Office of Inspector General announced Thursday that it's gathering information about Ginnie Mae's handling of Reverse Mortgage Funding's bankruptcy and seizure of its servicing. "The OIG's…
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Inflation remains well above the Fed’s target rate of 2% but is gradually decreasing, while the central bank seems ready to hold back on further rate increases as it weighs up the coming impact on the economy of its aggressive hiking…
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