Ottawa Bancorp, Inc. (the 'Company”) (OTCQX: OTTW), the holding company for OSB Community Bank (the 'Bank”), announced net income of $0.5 million, or $0.21 per basic and diluted common share, for the ...

"Conventional delinquencies remain near historical lows, but FHA and VA delinquencies are increasing at a faster pace," the ...

Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...

These are today's mortgage and refinance rates. Mortgage rates have been trending lower, but where they go next depends on inflation.

Delinquencies on Federal Housing Administration loans, typically used by first-time home buyers, rose 74 basis points in 2024. A basis point is one-hundredth of a percentage point. Delinquencies on ...

The average rate for a 15-year mortgage, popular with homeowners looking to refinance to a lower rate, also decreased.

Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 6.89%, pulling back ...

Reverse mortgages: Only generally applicable to homeowners age 62 and older, this option works as its name suggests: Lenders send payments to the homeowner from the accumulated equity each month. But ...

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...

Rates on new 30-year mortgages saw a notable drop Wednesday—lowering the flagship average to its cheapest level since before Christmas. Several other averages also dipped.

To counteract this crisis, OneUnited Bank is launching the Lift Up Initiative, a $50,000 down payment assistance program offered for first-time homebuyers. As the nation’s largest Black owned bank, ...

According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is ...