Before the storm hit, real estate data and tech firm CoreLogic said property valued in excess of $13.4 billion was at risk of damage from the storm. Today, CoreLogic estimates that damage from wind and storm surge ranges from $2 billion to $4.5 billion… Continue reading
Last week, the rate was at 4.65 percent. Last year at this time, it averaged only 3.83 percent. Continue reading
The 30-year-fixed mortgage rate averaged 4.65 percent this week, the highest since May, according to Freddie Mac’s most recent Primary Mortgage Market Survey. Continue reading
A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading