Mortgage

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X @Bloomberg
Bloomberg· 2025-09-04 16:06
Mortgage rates in the US fell, extending a steady decline that offers homebuyers some relief https://t.co/krGaaqGKhs ...
Mortgage Rates Tumble
Globenewswire· 2025-09-04 16:00
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 09/04/2025 MCLEAN, Va., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.50%. “Mortgage rates continue to trend down, increasing optimism for new buyers and current owners alike,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates continue to drop, the number of homeowners who have t ...
Beeline Eliminates $7 Million in Debt, Positioned for Cash Flow Positive Operations by Q1 2026
Globenewswire· 2025-09-04 12:30
PROVIDENCE, Rhode Island , Sept. 04, 2025 (GLOBE NEWSWIRE) -- via IBN – Beeline Holdings, Inc. (Nasdaq: BLNE) (“Beeline” or the “Company”), the fast-growing digital mortgage platform redefining the path to homeownership, today announced that it has successfully paid down all of its outstanding debt. This excludes the Company’s warehouse lines, which are used exclusively to fund mortgage transactions that generate revenue for Beeline. These loans are typically held for approximately 20 business days before b ...
Rocket Companies Announces the Extension of the Expiration Date for Cash Tender Offers and Consent Solicitations for Any and All of Nationstar Mortgage Holdings Inc.'s 5.125% Senior Notes Due 2030 and 5.750% Senior Notes Due 2031
Prnewswire· 2025-09-03 00:30
Core Viewpoint - Rocket Companies, Inc. has extended the expiration date for its tender offers and consent solicitations related to the acquisition of Mr. Cooper Group Inc. [1][2] Group 1: Tender Offers and Consent Solicitations - The expiration date for the tender offers has been extended from September 2, 2025, to September 30, 2025 [1] - The settlement date for the tender offers is expected to occur on or before the second day following the expiration date [2] - The company received sufficient consents on the early tender deadline to amend the indentures governing the notes, which includes eliminating the "Change of Control" offer requirement and most restrictive covenants [3] Group 2: Financial Details - As of September 2, 2025, $574,125,000 of the 2030 Notes (approximately 88.33% of outstanding) and $535,765,000 of the 2031 Notes (approximately 89.29% of outstanding) were validly tendered [4] Group 3: Conditions and Agreements - The consummation of the tender offers is conditioned upon the successful acquisition of Mr. Cooper, as outlined in the Merger Agreement dated March 31, 2025 [5]
Rocket Companies Announces the Extension of the Expiration Date for Exchange Offers and Consent Solicitations for Any and All of Nationstar Mortgage Holdings Inc.'s 6.500% Senior Notes Due 2029 and 7.125% Senior Notes Due 2032
Prnewswire· 2025-09-03 00:30
Core Viewpoint - Rocket Companies, Inc. has extended the expiration date for its exchange offers and consent solicitations related to the acquisition of Mr. Cooper Group Inc., allowing for the exchange of existing senior notes for new senior notes [1][2] Group 1: Exchange Offers and Consent Solicitations - The expiration date for the exchange offers has been extended from September 2, 2025, to September 30, 2025 [1] - The settlement date for the exchange offers is expected to occur on or before the second business day following the expiration date [2] - Eligible holders can withdraw their tenders of existing notes at any time prior to the expiration date, but related consents cannot be withdrawn [2] Group 2: Proposed Amendments - On the early tender date of August 15, 2025, sufficient consents were received to amend the indentures governing the existing notes, which include eliminating the "Change of Control" offer requirement and substantially all restrictive covenants [3] - A supplemental indenture was executed to effect these proposed amendments, which will become operative upon acceptance of the validly tendered existing notes [3] Group 3: Tendered Notes - As of September 2, 2025, approximately 98.41% of the outstanding 2029 Notes and approximately 95.52% of the outstanding 2032 Notes were validly tendered [4] Group 4: Conditions for Consummation - The consummation of the exchange offers is subject to the satisfaction or waiver of certain conditions, including the concurrent consummation of the Mr. Cooper acquisition [5]
Why 10-year treasuries drive mortgage rates. 🏠📉
Yahoo Finance· 2025-08-31 14:01
30-year mortgage rates supplied by mortgage giant Freddy Mack. Over the last 2 years, it's been as high as nearly 8%, as low as almost 6%. Despite the fact that the Fed has been cutting short-term rates, we've been seeing longerterm rates heading higher.Historically, um the Fed has cut going into or already in a recession. And of course, when you have a recession, rates across the board go down, right. Because inflation expectations come down.The thing that does drive mortgage rates is the 10-year. And the ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-30 14:25
From @WSJopinion: If Bill Pulte is serious about tackling mortgage fraud, he’ll focus on cleaning up Fannie and Freddie and expose loan liars regardless of party https://t.co/8P3IfMacLD ...
X @Bloomberg
Bloomberg· 2025-08-29 13:35
Key Senate Democrats are pressing the Trump administration to hold off on plans to sell shares of Fannie Mae and Freddie Mac in order to study how the move would impact mortgage rates https://t.co/uFgXvBp0lb ...
Guaranteed Rate Affinity Welcomes Bob Donovan as New Northeast Regional President
Newsfilter· 2025-08-29 13:00
CHICAGO, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Guaranteed Rate Affinity, a leading mortgage provider offering unparalleled lending services through its partnership with Coldwell Banker, today announced that Bob Donovan has joined the company as Regional President of the Northeast. In this role, Donovan will lead the company's growth strategy across the region, focusing on supporting loan officers, strengthening strategic partnerships, and driving market expansion. Donovan sees Guaranteed Rate Affinity as the id ...
Mortgage Rates Tick Down
Globenewswire· 2025-08-28 16:01
Core Insights - Freddie Mac reports that the 30-year fixed-rate mortgage (FRM) averaged 6.56% as of August 28, 2025, a decrease from 6.58% the previous week and an increase from 6.35% a year ago [1][5]. Mortgage Rate Trends - The 30-year FRM has seen a decline in the short term, while the 15-year FRM remained unchanged at 5.69% compared to the previous week, up from 5.51% a year ago [5]. - The current mortgage rates are at a 10-month low, which is expected to boost purchase demand despite ongoing affordability challenges for potential homebuyers [2]. Economic Context - Freddie Mac's Chief Economist, Sam Khater, indicates that lower mortgage rates and solid economic growth are contributing to rising purchase demand [2]. - The PMMS focuses on conventional, conforming, fully amortizing home purchase loans for borrowers with excellent credit who put 20% down [2].