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Recent Articles

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US 30-year fixed-rate mortgage averaged 3.05% in week ended Dec. 23, down from last week; 30-year FRM averaged 2.66% a year ago: Freddie Mac

US mortgage applications decreased 0.6% in week ended Dec. 17 from one week earlier; Refinance Index increased 2.0%, Purchase Index decreased 3.0%: Mortgage Bankers Assn.

The share of US mortgage loans in forbearance decreased to 1.67% as of Nov. 30 from 2.06% the prior month; the share of Ginnie Mae loans in forbearance decreased 42 basis points, Fannie Mae and Freddie Mac loans in forbearance down 16 basis points

California governor announced approval of California's plan to provide US$1B in mortgage relief grants to homeowners who have fallen behind on housing payments, reverse mortgage arrearages during the pandemic; program to help an estimated 20,000 to 40,000

US mortgage applications for new home purchases decreased 3% in November, down 2.2% year-over-year; average loan size for a new home purchase increased to a new record of US$414,114: Mortgage Bankers Assn.

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