Fed’s “higher for longer” rate strategy could keep home sales from rebounding in 2024 or limit the strength of a recovery, according to two closely…
Posts published in “mortgage refinancing”
Rise in mortgage rates defies expectations as unusually wide “spread” between 10-year Treasury yields and mortgages reflects investor fears of another refi wave. Source: Inman…
Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is…
Rising demand for purchase loans and refinancing as rates climb to new highs underscores volatility, with Fed expected to continue rate hikes, according to the…
Purchase loan applications continue to be weaker “due to the combination of much higher mortgage rates and the worsening economic outlook,” said MBA forecaster Joel…
“Large deceleration” in home price appreciation next year could lead to price declines in some regions. Source: Inman News
Economic uncertainty and stock market volatility may have helped drive 12 percent decline in purchase mortgage applications. Source: Inman News
Executives say the layoffs will save the company about $30 million a year and help it bring its technology to bear on purchase mortgages. Source:…
Lenders are managing risk by focusing on borrowers with prime credit scores who are keeping a bigger equity stake in their homes, according to Black…