Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is…
Posts published in “mortgage rates”
Rising demand for purchase loans and refinancing as rates climb to new highs underscores volatility, with Fed expected to continue rate hikes, according to the…
Buyers and sellers face a new reality where bidding wars will be rare, days on market lengthen and markets go from boom to bust (and…
Rocket Mortgage rolls out “Inflation Buster” mortgage, which provides a lower rate for one year, as it battles rival United Wholesale Mortgage for homebuyer market…
All-cash home purchases in the U.S. hit 31.4 percent of all transactions in July 2022, just short of an eight-year high reached in February 2022,…
The housing market remains stilted by high mortgage rates with hopes for a turnaround dim, according to the Federal Reserve. Source: Inman News
Purchase loan applications fell 29 percent from the same period last year, the result of rising rates that are double their levels from 2021, according…
There’s no sign of a rebound in purchase applications, but August data showing a strong job market “should support housing demand,” an MBA economist says. …
Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Source: Inman…
Purchase applications have declined in eight of the last nine weeks, according to a weekly survey by the Mortgage Bankers Association on Wednesday. Source: Inman…