Mortgage Mix: Rocket Credit Cards, Extended Mortgage-Payment Deferrals Hit the Market
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. How low will mortgage rates go? The 30-year fixed mortgage rate dropped for the third consecutive week, according to the latest Primary Mortgage Market Survey® from Freddie Mac, which showed mortgage rates at 6.32% amid…
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Home Prices Have Exceeded Inflation
Home prices have risen at a significantly higher rate than inflation since 2020, 42% compared to 14%, according to a new report from Clever. Clever’s new report analyzed how inflation and home prices have increased over the decades, honing in 2020 vs. 2022. The report found that the median home price has risen from $329,000…
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