Ellie Mae

NMP National E-Edition

 
Average fixed mortgage rates experienced a mild increase in Freddie Mac’s latest Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage (FRM) averaged 3.48 percent for the week ending July 28, up from last week’s 3.45 percent. The 15-year FRM this week averaged 2.78 percent, up from... Keep Reading
The Federal Reserve is keeping its feet on the brakes when it comes to raising the federal funds rate
The Federal Reserve is keeping its feet on the brakes when it comes to raising the federal funds rate. The central bank’s Federal Open Market Committee (FOMC)... Keep Reading
Home Sales Rise
Two new data reports point to a rising number of home sales, but a third report is showing a decline in mortgage applications. The National Association of... Keep Reading
LATEST HEADLINES

NEWS FLASH

A proposal to develop up to 50 new single-family homes in the Manheim Park section of Kansas City by film star Brad Pitt’s non-profit Make It Right Foundation appears to have problems moving beyond the proposal phase into the actual construction of the pr
A proposal to develop up to 50 new single-family homes in the Manheim Park section of Kansas City... Keep Reading

THE PULSE

MiMutual Mortgage, the national retail channel for Michigan Mutual Inc., has opened a branch in South Jordan, Utah, a suburb about 20 miles south of Salt Lake City and plans soon to open another office in Lehi, Utah
MiMutual Mortgage, the national retail channel for Michigan Mutual Inc., has opened a branch in... Keep Reading

FEATURED ARTICLES

Question: In implementing our AML program, we recognize there are the basic requirements of the law... Keep Reading

NEW TO MARKET

Fannie Mae has announced enhancements to HomeReady
Fannie Mae has announced enhancements to HomeReady. HomeReady allows borrowers to provide as little... Keep Reading