Mortgage Rates Drop Below 7%
Calling it an “unexpected windfall” of both lower rates and increased inventory of new and existing homes, Freddie Mac’s data ...
Tag: Interest Rates
U.S. Tappable Equity Reaches Record $11 Trillion
Rising interest rates might be sidelining would-be homebuyers, but the ongoing shortage of inventory on the market is keeping home ...
Mortgage Mix: Rates Finally Come Down, but in Baby Steps
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. ...
Mortgage Rates See First Reprieve in 5 Weeks
The 30-year fixed-rate mortgage (FRM) decreased to 7.09% from 7.22% last week, the first decrease seen since they began rising ...
Mortgage Applications Up After Three Weeks of Downs
Mortgage applications increased 2.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications ...
NAR Chief Economist Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024
The National Association of REALTORS®’ Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 ...
Mortgage Mix: No Changes From the Fed as Mortgage Rates Worsen
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. ...
Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight
The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation ...
3 Real Estate News Stories to Follow (Besides Lawsuits)
These days, headlines reporting on the real estate industry have the word “lawsuit” in them more often than not. It ...
Mortgage Applications See Slight Decrease
Mortgage applications decreased slightly from one week earlier by 0.6%, according to data from the Mortgage Bankers Association’s (MBA) Weekly ...
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