The average for the 30-year fixed-rate mortgage was 5.11% in the week ending April 21, up 11 basis points from a week earlier and the highest level for the benchmark rate since April 2010, according to Freddie Mac. It’s the seventh straight weekly increase. A year ago, the 30-year mortgage averaged 2.97%.
-
The Rise of AI in Mortgage Lending: A Game Changer in the Industry This article explores the transformative role of AI in mortgage lending, highlighting how automation and data analysis streamline processes in the mortgage industry.
Estimated reading time: 0 minutes, 22 seconds
Mortgage Rates Extend Climb, Reach Highest Level Since April 2010
Mortgage rates kept going up in the latest weekly reading, touching their highest point in a dozen years. So reports CNN.
MOST READ STORIES
Fast,Easy & Free