Fed Chairman Jerome Powell hinted Wednesday that the U.S. central bank is looking to dial back the pace of interest rate hikes as soon as…
Posts published in “mortgage rates”
Decline in purchase applications aligns with slower homebuilding activity due to reduced buyer traffic and ongoing building material shortages, according to the Mortgage Bankers Association. …
The U.S. housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the…
Rising interest rates and a shrinking branch network are cutting into Wells Fargo’s mortgage business, and bank executives say they’re fine with that. Source: Inman…
Purchase loan applications continue to be weaker “due to the combination of much higher mortgage rates and the worsening economic outlook,” said MBA forecaster Joel…
Big names attending Luxury Connect are itching to share their secrets with the rest of the Inman community. Read on for the details of what’s…
A new report from the Fed suggests it was spiking demand, not a lack of homes for sale, that sent prices skyrocketing over the past…
Fannie Mae finds 81 percent of Americans think the economy is on the wrong track, but the share of consumers who think it’s a good…
Although fears of a recession are bringing mortgage rates down, would-be homebuyers aren’t rushing to apply for loans, according to a weekly survey of lenders. …