Freddie Mac’s Primary Mortgage Market Survey results show the 30-year fixed-rate mortgage (FRM) averaged 5.23% with an average 0.9 point as of June 9, 2022, up from last week when it averaged 5.09%. A year ago at this time, the 30-year FRM averaged 2.96%.
“After little movement the last few weeks, mortgage rates rose again on the back of increased economic activity and incoming inflation data,” comments Sam Khater, Freddie Mac’s chief economist. “The
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. Originally
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include funny Buzztoon comics,
Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can
