The average mortgage rate for a 30-year fixed loan is now just 3 basis points away from 3%, after a 16 basis point jump according to Freddie Mac.
Homebuilders are getting better at offering homes at affordable prices. In January, 38% of new homes were sold for less than $300,000. HW+ Premium Content
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Of the 3.2 million borrowers with mortgage delinquencies, keep on eye on the 626,000 with government loans in Ginnie Mae securities.
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