Refi’s Surge Following Mortgage Rate Decreases
Following the notable decrease in the average 30-year-fixed mortgage rate this past week, mortgage application volume increased again this week, ...
Tag: Real Estate Economics
Mortgage Rates Drop to 4-Month Low
The average 30-year fixed mortgage rate dropped nine basis points since last week, its lowest level since April. According to ...
Mortgage Applications Increase as Borrowers Seek to Refi and Purchase After Rate Dip
Mortgage applications saw their second week in a row of increases, this past one fueled by declining Treasury yields and ...
July Jobs Report Unimpressive; Unemployment Up Slightly
In an August 1 report on job growth from the Bureau of Labor Statistics (BLS), U.S. employers added 73,000 jobs ...
Inflation Continues to Crawl Higher; Spending Slows
Inflation continues to make a slow crawl upward, with tariffs again being pointed to as a major cause for concern ...
Business Leaders Report Tariff Anxiety, Split on When It Will End: Survey
The next big chapter on tariff policy is scheduled to come on Friday, August 1, when the latest pause on ...
Consumer Confidence ‘Stabilizes’ as Future Pessimism Recedes
Consumers’ views on the economy are stabilizing as of late, as reports say that negativity toward the future is decreasing, ...
Home Prices Reach Record High, but Profit Margins Stagnate
Home sellers saw a slight increase in profit margins in the second quarter of this year, according to a report ...
The 30-Year Fixed-Rate Mortgage Shows Little Movement
Experts maintain that while rates may tick down to the mid-6’s by end of year, in the meantime they’ll remain ...
Mortgage Applications Increase Slightly as Loan Amounts Dip to Recent Low
Purchase applications increased this week, albeit only slightly while higher mortgage rates linger and affordability challenges continue to vex the ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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