Investors warned of “break even” second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations. Source: Inman News
Posts published in “mortgage rates”
Demand for mortgages at lowest level since December 2018 as bottom falls out of refinancing market. Source: Inman News
Data from analytics firm CoreLogic shows 67.9 percent of U.S. regional housing markets were overvalued as of the latest available data from March, meaning incomes…
As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Source:…
Affordability challenges mean some sellers are reducing asking prices, but demand for homes continues to outpace supply. Source: Inman News
Affordability challenges mean some sellers are reducing asking prices, but demand for homes continues to outpace supply, says First American Chief Economist Mark Fleming. Source:…
Nearly 1 in 5 homesellers dropped their listing price during the four-week period ending May 22, a high watermark unmatched since October 2019, according to…
Rates on 30-year fixed-rate mortgages have dropped 20 basis points in two weeks, the most dramatic decline since April 2020. Source: Inman News
Pending home sales dropped 3.9 percent from March to April, marking the sixth-straight month of declines amidst climbing mortgage rates, according to data released Thursday…