Mortgage rates have been on the decline since late April, as closely watched data releases suggest the economy is cooling and that the Fed may…
Posts published in “federal reserve”
Fannie Mae on Friday slashed its 2024 forecast as a result of weak spring home sales, but listings are returning to the market and mortgage…
Purchase loan applications have surged for two weeks in a row, but rates for conforming mortgages are inching back up toward 7 percent this week…
Policymakers now envision making just one rate cut this year, but investors who fund most mortgages are still betting the central bank will change its…
In less than a week, a series of reports has changed the outlook for the timing and magnitude of future Fed rate cuts, sending mortgage…
Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65 percent in April, and…
As rates on conventional mortgages head back above 7 percent, homebuyer demand for purchase loans is wilting, with applications dropping for a third week in…
Bond market investors who fund most mortgages shrugged off hawkish remarks by Federal Reserve Governor Christopher Waller that he wants to see “several more months…
Homebuyers have yet to respond in force to drop in rates, which have been in retreat from 2024 highs for three consecutive weeks following Fed…