Tag Archives: mortgage refinancing

Mortgage demand slips with homebuyers wary of rate volatility

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Rise in mortgage rates defies expectations as unusually wide “spread” between 10-year Treasury yields and mortgages reflects investor fears of another refi wave. Continue reading →

Don’t expect mortgage rate relief in 2023, Fannie Mae warns in forecast

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Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control. Continue reading →

Demand for home loans picks up for first time in 6 weeks

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Rising demand for purchase loans and refinancing as rates climb to new highs underscores volatility, with Fed expected to continue rate hikes, according to the MBA’s latest Mortgage Applications Survey. Continue reading →

Demand for refinancing ticks up slightly as mortgage rates plateau

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Purchase loan applications continue to be weaker “due to the combination of much higher mortgage rates and the worsening economic outlook,” said MBA forecaster Joel Kan. Continue reading →

Lower partners with Orchard to offer Power Buyer services

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As rising interest rates curb mortgage refinancings, Lower will also target homebuyers through a strategic partnership with iBuyer powerhouse Opendoor. Continue reading →

Homebuyer mortgage demand falls even as rates ease from 2022 highs

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Economic uncertainty and stock market volatility may have helped drive 12 percent decline in purchase mortgage applications. Continue reading →

Off-season rebound for mortgages could bode well for fall home sales

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Second straight week of increases in purchase loan applications following rate reversal suggests stronger sales activity in the weeks to come, according to the Mortgage Bankers Association. Continue reading →