Mortgage Rates Edge Downward, Little Change From Last Week
Mortgage rates inched lower this week, still hovering below 7% but showing little change since earlier this month. The latest ...
Tag: Real Estate Economics
Decline in Refinance Activity Drove Mortgage Applications Lower This Week
Mortgage industry experts pointed to a drop in refinance activity as the overall driver of home purchase applications decreasing this ...
Consumer Confidence Continues Slide, Remains Above Recession Line
Consumer confidence continued to slide down in January, according to data from The Conference Board, however, experts feel the downtrend ...
Fannie Mae: Higher Mortgage Rates Likely to Keep Existing Home Sales Near Multi-Decade Lows
The recent jump in the 10-year Treasury yield and the resulting rise in mortgage rates are expected to continue to ...
Mortgage Rates See Slight Reversal, Trending Down
In a slight reversal of the past month’s trends, the average 30-year mortgage rate decreased from its average last week ...
Forward-Looking Economic Index Reads Flat, but ‘Fewer Headwinds’ in 2025
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where ...
Little Change in Mortgage Applications This Week
Mortgage applications barely increased this week amid lingering high mortgage rates, but the increase was enough to push home purchase ...
Mortgage Rates Climb Over 7%
Still on the upswing, the average 30-year fixed rate mortgage ticked up over 7% this week, marking its fifth straight ...
Inflation Up for the Third Straight Month, Though Economists See Silver Lining
Inflation continues to rise after a seven-month decline from early in 2024, reversing the trend seen from March to September, ...
Mortgage Applications Jump 33% Despite Rates Reaching Recent Highs
The latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey Mortgage shows applications increasing 33.3% from one ...
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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