The housing market remains stilted by high mortgage rates with hopes for a turnaround dim, according to the Federal Reserve. Source: Inman News
Posts published in “mortgage rates”
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…
In more than half of America’s largest cities, rents continue to post double-digit annual growth. And in some cases, they’re speeding up, according to Zumper’s…
Fed Chair Jerome Powell’s Jackson Hole speech spooks stock market investors, but long-term interest rates stable as bond markets bet on a slowdown next year. …
Applications for government-backed purchase mortgages were up 4 percent week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the…
In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a…