The number of homes that went pending in January, a leading indicator of future sales, fell 9.5 percent year over year, according to data released…
Posts published in “mortgage rates”
Rising home prices don’t always mean higher monthly payments. But as the pandemic-era market wears on, buyers are increasingly feel the squeeze. Source: Inman News
Bond markets held steady and oil prices retreated from Thursday highs as the U.S. and its allies held off on sanctions targeting Russian oil and…
Fannie Mae economists say a recent runup in mortgage rates and home prices could help cool home price appreciation, without putting a major dent in…
As rates keep rising, requests to refinance accounted for just half of mortgage applications, down from 68 percent a year ago. Source: Inman News
The decline in starts came as Omicron cases surged across the U.S. and wintry weather hampered builders’ progress, according to data Thursday from the Census…
Janette Miller of Miller & Perotti Real Estate Appraisals in California argues that the Fair Housing Act doesn’t apply to appraisers, but a federal regulator…
As rates breach 4 percent for the first time since 2019, requests to refinance are down more than 50 percent from a year ago. Source:…
Only 31 percent of U.S. households can afford a newly built home, down from 40 percent one year ago. Source: Inman News
Bond market investors, rather than Fed policymakers, exert the strongest immediate pull on the markets that drive mortgage rate trends. Source: Inman News