As mortgage rates continue to retreat from 2022 highs, all eyes will be on Federal Reserve as policymakers conduct their final meeting of the year…
Posts published in “mortgage rates”
Nationwide, home showing activity in October was down 27 percent year over year. In the West, the drop-off was nearly twice as steep. Source: Inman…
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. …
The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts…
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. …
Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — “will remain in a…
Shopping around can save thousands of dollars, but one in three prospective homebuyers only get a quote from one lender, Freddie Mac surveys show. Source:…
The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released…
The cuts are the second time the power buyer has reduced its workforce as the market has rapidly deteriorated this year. Source: Inman News