Mortgage Rates Increase for Third Consecutive Week
Economists may see the ongoing steady job growth and strength of the economy as the backdrop for the recent, sharp ...
Tag: Housing Market
Homebuilder Confidence Continues to Rise as Inflation Eases
As inflation eases—with the latest Consumer Price Index reporting the smallest annual increase since February 2021—builder confidence continues to steadily ...
Mortgage Applications Continue Decline
With mortgage rates rising for the last three weeks, the Mortgage Bankers Association (MBA) is reporting another week of declining ...
Mortgage Rates See Surprising Rise This Week
Mortgage rates reversed course from their consistent decreases as of late, possibly due to a stronger than expected September Jobs ...
Mortgage Applications Down for Second Week After Slight Uptick in Rates
Applications for home purchases dipped again this week following mortgage rates moving higher, according to the Mortgage Bankers Association’s (MBA) ...
Mortgage Rates Tick Up, but Market Outlook Remains Positive
Economists cite global affairs and short-term bounces in rates following the Fed’s recent big interest rate cut as reasons for ...
Mortgage Applications Take a Breather, but Activity Still High
After four straight weeks of increases, home purchase applications registered a slight decline this week, but economists note that overall ...
Consumer Sentiment Turns Positive as Inflation Slows
With a recent interest rate decrease from the Fed and slowing inflation, consumers' economic hopes saw a significant increase in ...
Average Mortgage Rates Fall to Lowest Level in Two Years
While mortgage rates barely registered a dip this week, it was enough for economists to report they’ve reached their lowest ...
Refinancing Accounts for Lion’s Share of Mortgage Applications as Activity Hits 2-Year High
Home purchase application activity continued to increase this week in the wake of the Fed’s milestone 50-basis point rate cut ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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