The President will reveal a set of new housing initiatives during the State of the Union address on Thursday that will include a tax credit…
Posts published in “mortgage rates”
Purchase loan applications jump by a seasonally adjusted 11 percent after five consecutive weeks of declines as mortgage rates continue to retreat from 2024 highs. …
In December, a Pulsenomics panel of more than 100 housing experts expected homes to appreciate by 2.4 percent in 2024. Now they’re predicting prices will…
The Federal Reserve’s moves to trim $35 billion in mortgages from its balance sheet each month could keep mortgage rates from falling dramatically this year. …
A key Fed inflation metric, the PCE price index, continues to drop toward the Fed’s 2 percent inflation target, falling from 2.6 percent annual growth…
Applications for purchase loans plummeted by a seasonally adjusted 10 percent last week, according to a survey of lenders by the Mortgage Bankers Association. Source:…
The Federal Reserve’s policy shift depressed homebuyer and homeseller activity in January, according to Redfin. Monthly new and active listing growth dropped to the lowest…
With a combined net worth of $125 billion after earnings this week, the mortgage giants remain on a path that could lead to eventual release…