Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

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Mortgage Rates Climb for Third Week, Topping 3.5%

U.S. long-term mortgage rates have notched their consecutive weekly increase, returning to their highest since the start of the pandemic. So reports CNN.

Arrow up entrepreneur 1340649 640According to Freddie Mac, the average on the 30-year fixed-rate mortgage was 3.56% in the week ending January 20, up 11 basis points from the previous week and the highest since 3.65% in March 2020.

Sam Khater, Freddie Mac's chief economist, noted that the rate increase arrived as financial markets braced for the Federal Reserve’s expected efforts to curb inflation.

Read the full article from CNN.

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