JLS News and Press, Nuveen Mortgage Opportunity Term Fund From 01/07/21

30-year fixed-rate mortgage rate averages 2.65% for the week ending Jan. 7 vs. 2.67% in the prior year and 3.64% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey.The lower rates have made homes more affordable even as home prices rise, Freddie Chief Ec...

30-year fixed-rate mortgage averages 2.67% for the week ending Dec. 31, up a tick from 2.66% in the previous week and down from 3.72% a year ago, according to the Freddie Mac Primary Mortgage Market Survey."Heading into 2021 we expect rates to remain flat, potentially rising modestly off thei...

30-year fixed-rate mortgage averages 2.66% for the week ending Dec. 24, down from 2.67% in the prior week and 3.74% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey."The housing market is poised to finish the year strong as low mortgage rates continue ...

As the pandemic spread in 2020, thousands of U.S. stores, restaurants, and gyms closed temporarily or permanently, hotel rooms went unused, and office workers stayed at home. That put pressure on landlords to stay current on mortgages with many tenants unable to make rent.With ~$430B in comme...

30-year fixed-rate mortgage rate averages 2.71% in the week ending Dec. 10, 2020, unchanged from the prior week and down from 3.73% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey."Mortgage rates remain at record lows, resisting their typical correlat...

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30-year fixed-rate mortgage averages 2.72% for the week ending Nov. 25, unchanged from the previous week, and down from 3.68% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey.The record low rates are fueling a refinance boom, mainly by high-income borrowers...

30-year fixed rate mortgage averages 2.72% for the week ending Nov. 19, 2020, its lowest level in the Freddie Mac Primary Mortgage Market Survey's history dating back to 1971.Compares with 2.84% in prior week and 3.66% at this time a year ago."Weaker consumer spending data, which accounts for...

30-year fixed-rate mortgage averages 2.84% for the week ending Nov. 12, 2020 vs. 2.78% in the prior week and 3.75% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey.The mortgage rate increase follows positive data coming out of a COVID-19 vaccine candidate t...

30-year fixed rate mortgage averages 2.78% for the week ending Nov. 5, the 12th record low this year, vs. 2.81% in the prior week and 3.69% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey.Freddie Chief Economists Sam Khater says the new record low is due t...