Fixed Mortgage Rates Hovering Near 2014 Lows
Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates little changed from the previous week with the 30-year mortgage still hovering around …
Nationstar Mortgage (NSM) Stock Down Double Digits Following Earnings Release
NEW YORK (TheStreet) — Nationstar Mortgage shares are losing a fifth of their value today, down 20.4% to $28.39, in trading on Thursday, after the company reported its third quarter earnings results before the opening bell today. The non-bank residential mortgage servicer reported a 8.3% drop sequentially in third quarter revenue to $504.32 million, well short of analysts' expectations of $568 …
Freddie Mac: Average 30-year mortgage rate rises above 4%
Moving higher for a second week, the 30-year mortgage rate broke back above 4%. Freddie Mac calculated that lenders were offering the most popular home loan at an average of 4.02%.