FHA changes could help buyers, rehab deals
FHA policy changes could give some buyers more flexibility on repairs, appraisals and financing, while keeping property condition, repair costs and lender timelines central to the transaction.
Average 30-year rate holds near 6.5% for sixth straight week
The average 30-year fixed mortgage rate rose to 6.49% from 6.47% this week, while 15-year rates climbed to 5.84%, Freddie Mac reported. Rates remain below year-ago levels as easing oil prices help cool bond market pressure.
Florida investor loans signal steady demand
Investment activity is not surging, but it remains strong enough to shape attention around certain homes, especially lower-priced properties and homes with rental potential.
Average 30-year U.S. mortgage rate falls as Iran war winds down
The average long-term U.S. mortgage rate fell to 6.47% this week, while the 15-year fixed rate dropped to 5.81% – tracking Treasury yields that have retreated since a deal to end the war with Iran was announced.