Mortgage Applications Begin to Thaw for Spring
Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications ...
Tag: Real Estate Economics
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% ...
Inflation Data Raises Hope for Rate Cuts Despite ‘Wonky’ Blip
No news appears to be good news as far as inflation data goes, with investors celebrating as the Federal Reserve’s ...
Mortgage Applications Continue to Slump
Mortgage applications decreased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications ...
Rocket Mortgage Focuses on AI as Earnings Continue to Grow
Rocket Companies stated that they are increasing their focus on technology and AI as they continue to thrive amidst mortgage ...
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 ...
Leading Index: ‘No Recession in 2024’
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4% in January 2024 to 102.7, following a ...
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 ...
Economists Weigh in on the Future of First-Time Buyers
Although we're in the midst of a market correction, the future of the housing market is still up in the ...
5 Key Reasons FSBOs Regret Not Using a Real Estate Agent
Some homeowners think selling their properties with no agent will save gobs of money on commissions. Almost always they come to regret it, settling on a price that could have been better, not to mention spending way more time on the process than they envisioned Read more.
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