Futures markets are taking the Fed chair at his word that policymakers may have to hike rates faster and take them higher to combat inflation …
Posts published in “Joel Kan”
An MBA survey shows demand for purchase loans is down 18 percent week over week and 41 percent from a year ago as mortgage rates…
Fed Chair Jerome Powell is telegraphing one more small adjustment in March, but some bond market investors think the rate hike campaign may now be…
Purchase loan requests rise 3 percent week over week as mortgage rates ease but remain down 39 percent from the same time a year ago. …
Requests to refinance accounted for 31 percent of all loan applications last week, well below the past decade’s average of 58 percent. Source: Inman News
Mortgage rates remain well below 2022 highs as the spring homebuying season approaches, according to a weekly lender survey by the Mortgage Bankers Association. Source:…
Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to an MBA lender survey. …
Economists forecast mortgage rates will continue to fall as Federal Reserve minutes suggest policymakers are preparing to wind down an aggressive campaign to fight inflation. …
While purchase loan applications were up 4 percent week over week, there’s still “very little refinance incentive with rates so much higher than last year,”…
Purchase loan applications rose 1 percent last week despite latest Fed rate hike, but homebuyer demand for mortgages remained close to 2015 lows, according to…