With the new HECM loan limits now official, originators have a great opportunity to reach out to borrowers who would benefit from refinancing their HECM. Last week, Bob from MetLife sent out an email ...
This week the Freddie Mac 30-year fixed interest rate averaged 6.35%. Sam Khater, Freddie Mac’s chief economist, noted the 15 basis point-drop from last week was the largest weekly drop in a year.
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