Net income down 77 percent from a year ago, when refinancing boom drove higher profit margins. Source: Inman News
Posts published in “mortgage rates”
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…
Ten-year Treasury yields, a barometer for mortgage rates, fall as Federal Reserve Chairman Jerome Powell says there’s no rush to raise interest rates. Source: Inman…
Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions. Source: Inman News
With the Federal Reserve expected to begin tapering its purchases of mortgage-backed securities as soon as November, market forces are pushing mortgage rates higher. Source:…