Fed Minutes Hint at Policy Pivot Toward Rate Cuts, but Inflation Vigilance Remains
The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they’re continuing to keep ...
Tag: Mortgage Rates
NAR: Existing Home Sales Rose in January
Following a drop to its lowest level in three decades by the end of last year, existing-home sales reversed course ...
Mortgage Rates Near 7%
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s ...
Mortgage Applications Slump Following Rate Hike Back Over 7%
Mortgage applications decreased sharply this week, down 10.6% from last week’s decrease of 2.3%, according to the latest Weekly Mortgage ...
New-Home Mortgage Applications Soar In January as Housing Starts Stumble
The rally in new-home demand isn’t letting up as homebuyers facing inventory challenges on the resale market turned to new ...
Mortgage Mix: Rates Show Moderate Rise While Applications Pull Back
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 Rise This Week
The 30-year-fixed-rate mortgage average 6.77% this week, up from last week’s average of 6.64%, according to the latest Primary Mortgage ...
Builder Confidence Rises for Third Consecutive Month
Continuous rate pauses from the Fed coupled with cooling mortgage rates have homebuilders feeling more and more positive, according to ...
Mortgage Applications Decrease This Week
Mortgage applications reversed course this week, decreasing 2.3% from last week’s increase of 3.7%, according to the latest Weekly Mortgage ...
Consumer Prices See Another Rise in January, With Housing Shelter Inflation Up 6%
The Consumer Price Index (CPI) saw another rise last month, up 0.3% in January after rising 0.2% in December, according ...
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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