Mortgage Rates Still Going Up
After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last...
Economy
Mortgage Applications Down in High-Rate Environment
After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the...
Leading Economic Indicators Fall Slightly in March
The Leading Economic Index (LEI) fell 0.3% in March to 102.4, a reverse from February’s slight increase, according to the...
New-Home Mortgage Applications Jump in March Despite Fewer Sales, MBA Reports
In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid...
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...
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....
How to Host a Successful Open House in Winter
The winter months create some unique challenges for holding an open house, and preparation for these cold or snowy days is important for success. Read more.
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