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FREDDIE MAC MORTGAGE RATES REMAIN STEADY AT 6.64% via realtor.com—The Freddie Mac fixed rate for a 30-year mortgage climbed 1 basis point this week to 6.64% as the market adjusted to the latest economic data. The January jobs report showed … Read More

HOMEBUYERS NATIONWIDE GAINING MORE PURCHASE POWER via themreport.com—According to new Redfin report, a homebuyer on a $3,000 monthly budget has gained nearly $40,000 in purchasing power since mortgage rates peaked this past fall. Redfin estimates that a $3,000 monthly budget will … Read More

EXISTING HOME SALES SLIP IN DECEMBER via realtor.com—Existing home sales slipped in December. Sales fell 1% from November to a pace of 3.78 million, which trailed the year-ago pace by 6.2%. Mortgage rates tumbled from late October through the end … Read More