Mortgage Rates Slightly Higher Ahead of Jobs Report
Mortgage rates rose modestly on Thursday, with multiple lenders making mid-day adjustments in response to bond market volatility. Bonds remain highly attuned to war-related developments and the impact on oil prices which, in turn, have a bearing on inflation implications. Higher inflation begets hi
Mortgage rates keep rising, nearing last July's peak
The 3 basis point gain in the 30-year fixed comes as investors are now pricing in the likelihood of a Federal Reserve short-term rate hike in September.
Onity's 2Q revenues jump, other costs tip scales to a loss
Record lending drove a top-line gain on the year but one-time costs from reverse mortgage servicing sales and negative fair value changes hurt the bottom line.
Pamela Heman
Phone:+1(816) 810-5001