MBA: New-Home Mortgage Applications Surge Nearly 16% in February
Homebuyers are continuing to turn to new construction as the antidote for a continued lack of existing homes for sale. ...
Tag: Mortgage Rates
Mortgage Rates Drop Slightly This Week
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) on March 28, showing the 30-year fixed-rate mortgage ...
Mortgage Mix: Execs Map Out 2024; Fed Calls for 3 Rate Cuts
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 Mix: Despite Elevated Mortgage Rates, Positive Signs and Renewed Confidence in the Housing Market Are Emerging
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 Tick Up, Nearing 7%
After two consecutive weeks of declines, mortgage rates are back on the rise this week, up to 6.87% from last ...
Fed Holds Rates Steady But Indicates Three Rate Cuts in 2024. Here’s What That Could Mean for Housing
The Fed left rates unchanged Wednesday but it did indicate it will cut rates three times before the end of ...
Mortgage Applications Decrease This Week
Following a rise in mortgage rates last week, mortgage applications decreased 1.6% from after last week’s 7.1% increase, according to ...
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 ...
Homebuilder Sentiment Continues to Warm Ahead of Spring Market
Homebuilder sentiment continues to warm, thawing as spring nears. Positive signs in the mortgage market coupled with a continued rate ...
Mortgage Mix: Mortgage Rates Continue to Fall
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. ...
The Upshot on Mortgage Buydowns: A Valuable Tool in the Right Circumstances
Buydowns can be paid for by the buyer, seller, builder or lender, and can be a valuable tool to lower costs, though they require an upfront fee. Read more.
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