After months of volatility, mortgage rates remained stable and relatively unchanged this week. The benchmark 30-year fixed-rate mortgage rose slightly this week to 4.1 percent from 4.09 percent, a Bankrate survey of large lenders shows. A year ago, the rate was 4.29 percent. Four weeks ago, it was 4.14 percent.
loanDepot, LLC has been named the Silver winner in the Business Development Department of the Year category by Best in Biz Awards 2015 International.
What are the biggest and most significant changes ahead on the consumer lending landscape? Find out when loanDepot LLC Chief Risk Officer Brian Biglin takes the podium at an Orchard Platform Marketplace Lending Meet-up in Carlsbad, Calif. on Sept. 9.
Rates on a 30-year fixed mortgage dipped below 4 percent this week, according to Freddie Mac’s weekly Primary Mortgage Market Survey, significantly below rates a year ago at this time, the 30-year FRM averaged 4.12 percent.
The Consumer Financial Protection Bureau (CFPB) recently finalized a two-month extension to the “Know Before You Owe” mortgage disclosure rule, also called the TILA-RESPA Integrated Disclosures rule (TRID). The new effective date is October 3, 2015.
Last week, loanDepot, LLC and imortgage donated $100,000 to Free Wheelchair Mission at its 12th annual Miracle of Mobility gala.
A mixed bag of blue chip earnings reports this week dropped Treasury yields and fixed mortgage rates responded by moving slightly lower in Freddie Mac’s Primary Mortgage Market Survey® today. Yet fixed-rate mortgages still averaged lower than they were a year ago.
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