Requests to refinance surged 37 percent last week and were up 83 percent from a year ago after the biggest one-week decline in mortgage rates…
Posts published in “debt ceiling”
As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to federal workforce and programs. Source: Inman…
Purchase mortgage applications trended up last week for the first time in nearly a month as mortgage rates retreated from 2023 highs, according to the…
Mortgage rates could come under more pressure as Fitch Ratings downgrades U.S. debt over concerns about rising deficits and ongoing debt ceiling showdowns. Source: Inman…
Friday’s strong jobs report renews worries that the Federal Reserve is not done hiking rates to combat inflation as policymakers face June 14 decision to…
For investors who provide the funding for most U.S. mortgages, the debt ceiling crisis won’t be over until Congress actually votes to approve the deal…
Purchase loan applications fell by a seasonally adjusted 4 percent last week as mortgage rates surged on debt ceiling and inflation worries. Source: Inman News
A more optimistic outlook of where mortgage rates are headed drives the largest increase in Fannie Mae’s Home Purchase Sentiment Index in more than two…
Strong job numbers spark fears that the Fed will need to stick to its guns and continue to raise rates and keep them elevated for…