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 ...
Tag: Mortgage Rates
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. ...
ICE: First-Time Homebuyers Account for Record 47% of GSE Purchase Loans in 2023
First-time homebuyers have long faced a trifecta of high mortgage rates, low housing inventory and climbing home prices throughout much ...
Mortgage Rates Dip for Second Straight Week
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.88% to an average of ...
Mortgage Mix: First-Time Homebuyers Make Headway as Mortgage Market Shifts
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 Down This Week
Mortgage rates dipped slightly this week edging down from last week’s average of 6.94%, to 6.88% this week, according to ...
Fed Chair Powell Affirms Rate Cuts Are Coming This Year as U.S. Moves Closer to 2% Inflation Goal
Federal Reserve Chair Jerome Powell on Wednesday signaled that rate cuts are coming this year, sticking to the Fed’s cautious ...
6 Musts to Share With Buyers About Why You Rule Over AI
“AI can summarize what has been published about a property,” says one real estate professional. “The trouble is that some of the most important information has not been published, is no longer current or cannot be understood without seeing the home.” Read more.
Business Tip of the Day provided by
