Mortgage Rates Exceed 7% for First Time This Year
Marking a third straight week of increases and moving over 7% for the first time this year, the 30-year fixed-rate...
Economy
Fed Chair Signals No Rate Cuts in May on Heels of Latest Inflation Data
Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting...
Consumer Sentiment Continues to Fall in April
While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in April. The...
With Prices Stubbornly High in March, Rates Likely Won’t Lower Soon
In a Consumer Price Index (CPI) report April 10, those hoping mortgage rates would soon decline once the Fed lowered...
Mortgage Applications Increase This Week
After a slight decrease last week, U.S. mortgage applications increased 0.1% from one week earlier, according to the latest Weekly...
Mortgage Mix: United Mortgage Faces Consumer Lawsuit; NAR Issues Please to the VA and GSEs
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
Consumer Confidence Sees Little Change in March
Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data...
Home Prices Have Massively Outpaced Inflation
Inflation and home prices: two large barriers for Americans in living their dream lives. While they both are very present...
Fannie Mae Projects Higher Mortgage Rates For Longer Than Expected
Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while...
Consumer Sentiment Dips Slightly in March
While economic signs remain strong and experts have a positive outlook, consumer sentiment saw a slight dip in March. The...
Factors That Suggest a Buyer’s Market (and Ones That Don’t)
A market favorable to buyers doesn’t mean buyers will take advantage of it, or that every facet of the market is tilted heavily toward homebuyers. Read more.
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