“There was no negotiation over the last couple of years,” Max Stokes of Compass says. But that’s beginning to change — gradually. With a few…
Posts published in “mortgage rates”
Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be…
Investors fear ongoing moves by the Fed and other central banks to raise short-term interest rates to fight inflation could lead to a recession. Source:…
As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It’s a strange time, a Redfin economist says. Source: Inman News
Fed Chair Jerome Powell says policymakers are not ready to start selling off Treasurys and mortgage debt to accelerate the balance sheet runoff. Source: Inman…
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…
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,…