Mortgage Applications Down in High-Rate Environment
After a couple of weeks of increases, mortgage applications fell 2.7% from last week’s increase of 3.3%, according to the ...
Tag: Real Estate Economics
Leading Economic Indicators Fall Slightly in March
The Leading Economic Index (LEI) fell 0.3% in March to 102.4, a reverse from February’s slight increase, according to the ...
New-Home Mortgage Applications Jump in March Despite Fewer Sales, MBA Reports
In a mixed bag for housing, mortgage applications for new homes jumped in March, while new-construction sales simultaneously fell amid ...
Mortgage Rates Exceed 7% for First Time This Year
Marking a third straight week of increases and moving over 7% for the first time this year, the 30-year fixed-rate ...
Fed Chair Signals No Rate Cuts in May on Heels of Latest Inflation Data
Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting ...
Homebuilder Sentiment Flat in April as Buyers Are Hesitant
After a strong start to the spring selling season, homebuilder sentiment flattened in April as buyers hesitate to step into ...
With Prices Stubbornly High in March, Rates Likely Won’t Lower Soon
In a Consumer Price Index (CPI) report April 10, those hoping mortgage rates would soon decline once the Fed lowered ...
Mortgage Applications Increase This Week
After a slight decrease last week, U.S. mortgage applications increased 0.1% from one week earlier, according to the latest Weekly ...
Mortgage Mix: United Mortgage Faces Consumer Lawsuit; NAR Issues Please to the VA and GSEs
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 Applications See Slight Decrease
Mortgage applications decreased slightly from one week earlier by 0.6%, according to data from the Mortgage Bankers Association’s (MBA) Weekly ...
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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