Demand for purchase loans remains steady, but rising rates are closing the door on refinancing opportunities, according to the Mortgage Bankers Association’s Weekly Mortgage Applications…
Posts published in “mortgage rates”
“When all the experts unanimously agree, it makes me nervous,” Inman Publisher Brad Inman writes. “I’ll never forget the careless chorus of experts pumping up…
Mortgage rates rose 11 basis points this week as the Federal Reserve signaled it intends to shrink its balance sheet, according to Freddie Mac’s latest…
Although the Fed hasn’t set a timetable for shrinking its balance sheet, it’s likely to do so more quickly than it did after the 2007-09…
Demand for purchase loans fell to a seasonally adjusted 4 percent from two weeks ago and 12 percent from a year ago, according to the…
From low interest rates to the ongoing pandemic, a number of factors have come together to create the current inventory crisis. Source: Inman News
The housing market will cool slightly in 2022, but it will scorch as a multitude of buyers chase too few homes, according to economic experts. …
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the…
Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. …