Housing demand is strong heading into the fall, despite fast-rising home prices and low inventory. Source: Inman News
Posts published in “mortgage rates”
Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Source: Inman News
Rates for 30-year mortgages have remained virtually unchanged for two months even as lenders reported recent movement on other loan types. Source: Inman News
Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Source: Inman News
In what could be a preview of what’s in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a…
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and shares why the market is…
Powell “stuck to the script in his Jackson Hole speech,” Pantheon Macroeconomics Chief Economist Ian Shepardson said. “Anyone hoping for a steer on the timing…
Minutes released from the July 27-28 meeting of a Federal Reserve committee revealed that most members are open to tapering bond purchases that the Fed…
Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac’s lender survey. Source: Inman News
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed…