Average 30-year mortgage rate falls to lowest level in seven weeks

he average 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, while the average 15-year rate dropped to 5.79% from 5.84%, mortgage buyer Freddie Mac said.
Read MoreMortgage fraud targets nearly half of U.S. consumers

A new survey found 47% of U.S. consumers were targeted by fraud last quarter, most through phishing, smishing or voice cloning, as AI lowers the cost of mortgage fraud schemes.
Read MoreHUD proposal could ease path for multistory manufactured homes

A proposed HUD rule would change how the permanent chassis requirement applies to multistory manufactured homes, potentially lowering costs and making upper floors more practical. The issue is especially relevant in Florida, which has the nation’s largest manufactured/mobile home inventory.
Read MoreMore Americans favor buying over renting

A new homebuyer survey found consumers favor buying over renting for the first time since 2023, with 53% saying buying is the better choice. Prices and mortgage rates remain the top barriers, but the findings give agents a reason to reconnect with renters, past leads and homeowners who paused their
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