Mortgage Rates Remain Steady
Mortgage rates remained steady this week, in a holding pattern in the mid-sixes now for several weeks. The latest Primary ...
Tag: Real Estate Economics
Awaiting Potential Tariffs Effect, Fed Chooses Not to Make Rate Change
As had been widely speculated, the Fed on March 19 decided to leave its benchmark interest rate unchanged at 4.50%, ...
Mortgage Applications Down but Overall See 6-Week High
While mortgage applications were down this past week, the Mortgage Bankers Association (MBA) pointed to steadier mortgage rates and increased ...
Mortgage Rates Saw a Slight Uptick This Week, but Essentially Remained Flat
The latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday shows the 30-year fixed-rate mortgage (FRM) averaging 6.65%, ...
‘Activity up Across All Loan Categories’ as Spring Market Approaches: MBA
This week saw another notable jump in home purchase applications with the Mortgage Bankers Association (MBA) reporting increased activity across ...
Inflation Cools Slightly, but Economic Worries Remain
Inflation continued its persistent rise in February—for the fifth straight month—according to a report released today by the Bureau of ...
Federal Reserve in a ‘Wait-and-See’ Mode Amid Tariff Uncertainty
Uncertainty remains high, but Federal Reserve Chair Jerome Powell emphasized the Fed’s focus on “separating the signal from the noise,” ...
Employment Data Flashes Potential Warning Signs for Housing Demand
The latest jobs report for February 2025 came in under expectations, according to a release from the U.S. Bureau of ...
Mortgage Rates See Largest Weekly Fall Since September
Mortgage rates continue falling, this week seeing their lowest weekly drop since September, Freddie Mac reported, providing incentives for both ...
Real Estate Economists Discuss How Tariffs Could Impact Homebuilders, Buyers
President Trump’s 25% tariffs on Mexican and Canadian imports, initially set to go into effect earlier this week on Tuesday, ...
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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