For tens of millions of Americans, the good times are right now
For tens of millions of Americans, the good times are right now
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For tens of millions of Americans, the good times are right now
Their houses are piggy banks, their retirement accounts are up and their bosses are eager to please. When the boom ends, everything will change.
The numbers suggest depositories are finding it easier than non-depositories to qualify their borrowers for foreclosure prevention programs as forbearance recedes.
The move would align the Department of Housing and Urban Development with other agencies, including Fannie Mae, Freddie Mac, the USDA, and the National Credit Union Administration.
The latest Freddie Mac Primary Mortgage Market Survey (PMMS) shows the 30-year fixed-rate mortgage rose .25% to an average of 4.42%. A year ago at this time, the 30-year mortgage rates averaged 3.17%. An almost quarter-percent increase also hit the 15-year fixed-rate mortgage sector from last week when it averaged 3.39 percent. It is now 3.63%. A year ago at this time, the 15-year FRM averaged 2.45 percent.