Mortgage rates cap off their most stable month of 2021 so far
Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials. Continue reading
Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials. Continue reading
During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading
Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Continue reading
The new bond products offer higher yields in a low-interest-rate environment. But if the loans go bad, investors are on the hook. Continue reading
Mortgage rates held steady near month’s end, with interest rates on 15-year fixed rate loans remaining at all-time lows, according to Freddie Mac’s weekly lender survey. Continue reading
People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report. Continue reading
Nearly 60 percent of agents surveyed by Homelight said they expect a home office to be a top priority for buyers in a post-vaccine landscape. Continue reading
New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data. Continue reading
Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages. Continue reading