Tags » Freddie Mac

National Multifamily Portfolio Lands $323M Freddie Mac Refi

Berkadia has provided the owners of a large multifamily portfolio with a $323 million long-term Freddie Mac refinancing, the real estate company announced this week. 326 more words

Channel

Morning Report: Wages and interest rates

Vital Statistics:

Last Change S&P futures 2851 -35 Oil (WTI) 62.46 0.8 10 year government bond yield 2.43% 30 year fixed rate mortgage 4.15%

Stocks are lower this morning after rhetoric between the US and China hardened over the weekend. 629 more words

Thursdays Thoughts - Niches are the game!

#ThursdaysThoughts – #Niches are the Game!  #GetOnPoint with #BluePointMtg I’ve been talking to a lot of people recently that have asked, what are your “niches” what do you do that’s different?  194 more words

Mortgage Originators

Bring Out Your Fed! Existing Home Sales Fall -5.44% YoY In March (EHS Inventory Lowest Since 1999)

Bring out your Fed!

According to the National Association of Realtors (NAR), existing home sales tanked -5.44% YoY in March.

At the same time, the INVENTORY of existing home sales rose in March, but still remains near its lowest level since 1999. 35 more words

Refi Inferno? Residential Mortgage Refinancing Applications Jump 38.50% WoW As Mortgage Rate Decline To 4.06%

According to the Mortgage Bankers Association, residential mortgage refinancings shot up 38.50% from the previous week.

Here is the chart of mortgage refinancing applications with the mortgage rate drop to 4.06%. 50 more words

Slowing! US Pending Home Sales Fall 5% YoY In February As Inventory Remains Low (Fed Rate CUT At 72% In 2019)

The US housing market is slowing and The Federal Reserve is likely to CUT interest rates in 2019 (at least the market is betting on it). 130 more words