For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests. …
Posts published in “mortgage rates”
Despite record-high prices, homes remain much more affordable for buyers than they were in 2006. However, buying power has taken a big hit lately. Source:…
Despite rising rates, purchase mortgages applications were up 1 percent during the week ending March 25, according to a weekly survey by the Mortgage Bankers…
First-time homebuyers who rely on government mortgage programs are “increasingly challenged” by rapid increases in home prices and higher mortgage rates. Source: Inman News
Mortgages surged to 4.6 percent Monday, the highest since March 2019, after Fed Chair Jerome Powell said the war in Ukraine and supply disruptions could…
Rates remain low by historical standards and could retreat from recent highs. Lenders eager to make up for a precipitous drop in refinancings, meanwhile, are…
As mortgage rates inched higher, demand for second homes dropped precipitously in February, hitting its lowest level in nearly two years, according to Redfin data…
Rates have rebounded this week as bond market investors weigh the prospect that economic fallout from Russia’s invasion of Ukraine could fuel inflation. Source: Inman…
Realtor optimism can be necessary for survival, Brad Inman writes. But collective giddy confidence is frequently a sign that something is amiss. The herd occasionally…