Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com released on Wednesday showed. …
Posts published in “mortgage rates”
Requests to refinance accounted for almost two-thirds of all mortgage applications during the week ending Nov. 5. Source: Inman News
Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to…
Net income down 77 percent from a year ago, when refinancing boom drove higher profit margins. Source: Inman News
Americans’ confidence that the economy is on the right track is at its lowest level since 2013, but that’s not expected to hurt home sales,…
The dip in mortgage rates this week was small compared to the rise recorded over the last month. Economists say they expect more increases. Source:…
Most of the decline in mortgage rates came later in the week, too late to prevent demand for refinancing from dropping to the lowest level…
The Federal Reserve this month will begin drawing down the support it’s provided to mortgage rates during the pandemic. Source: Inman News
Joint ventures with homebuilders and referral relationships with real estate agents are helping fuel loanDepot’s partner channel. Source: Inman News
Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record…