Homebuilder Confidence Continues to Reach New Lows in 2024
Mortgage rates hovering near 7% and elevated rates for construction and development loans continued to put pressure on builder confidence ...
Tag: Mortgage Rates
Fed Chair Powell: We Don’t Have to Wait for 2% Inflation to Drop Rates
In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal ...
Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7%
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. ...
Report: Share of Homeowners With Sub 5% Mortgage Rate Shrinks Significantly
The mortgage market has been going through a gradual change as it adjusts to higher-for-longer interest rates. With this shift, ...
Mortgage Rates Fall, in Line with Welcomed Cooling Consumer Prices, Jobs Numbers
Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year ...
Mortgage Applications Dip, Refinance Activity Down Almost 35% as Rates Remain Elevated
As the 30-year average mortgage rates teased 7% this past week, mortgage application activity saw a second-straight week of decreases, ...
Fed Chair Jerome Powell Plays Coy About Rate Cuts in Senate Hearing
Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs, mostly dodging questions about ...
Mortgage Mix: United Mortgage Faces Backlash; AI Use in the Industry Grows
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 Dip for Fourth Week Straight, Hit Lowest Level in 3 Months
The averaged 30-year-fixed-mortgage rate stepped down for the fourth-straight week, dipping to 6.68% from 6.87% last week and marking its ...
Mortgage Applications Rise for Third Straight Week
Mortgage applications rose for the third straight week as mortgage rates continue to drop, increasing 0.8% from one week earlier, ...
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