Purchase mortgage applications are still down 10 percent from a year ago, with mortgage rates nearly doubling in the last 12 months, according to a…
Posts published in “mortgage rates”
Harvard’s Joint Center for Housing Studies report, published Wednesday, dives into economic factors shaping current homebuying and renting landscapes. Source: Inman News
An increasingly unaffordable home market is affecting homebuyer decisions and altering forecasts for price growth in the months to come, according to a new forecast…
Higher mortgage rates are now “housing market’s primary constraint,” economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent…
After bond market sell-off Friday and Monday, investors take Fed’s 75 basis-point rate hike in stride. “The Fed managed to hint at today’s move,” said…
Homebuyer demand for purchase loans picked up before a bond market sell-off sent mortgage rates soaring past 6 percent, according to the MBA’s Weekly Mortgage…
Heading into 2022, forecasters at Realtor.com set expectations for where the home market would go. Halfway in, they’re taking a second look. Source: Inman News
Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday. Source: Inman News
Homebuyer budgets increased by 0.3 percent annually while prices tallied record gains, according to a new analysis by Redfin released Monday. Source: Inman News
Bond market investors wary that Fed will be forced to implement drastic 75-basis point rate hike in June or July. Source: Inman News