Tag Archives: economy

Mortgage rates bounce back to July levels on inflation worries

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Another worry for bond market investors is “quantitative tightening,” the Fed’s program to trim its massive holdings of government debt and mortgages. Continue reading →

Trump, Harris housing policies emerging from the rhetoric

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Housing policy has gotten short shrift in the debates, with a tight focus on immigration and inflation. But the candidates’ platforms — and Project 2025 — provide more details. Continue reading →

Latest inflation numbers could give mortgage rates additional lift

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Reports send mixed signals on the economy, with CPI showing prices rose more sharply than expected in September and jobless claims surging to highest level in more than a year. Continue reading →

Homebuyers entering the market even as mortgage rates stabilize

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Purchase loan applications are up 9 percent from a year ago, as inventories of new and existing homes increase and lower mortgage rates help with affordability: MBA. Continue reading →

New inflation data gives mortgage rates room to keep coming down

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With inflation continuing to inch closer to the Fed’s 2 percent goal in August, bond market investors are getting more confident that the central bank will continue to cut rates aggressively in November. Continue reading →

Homebuyer demand hardly budged as mortgage rates hit 2024 lows

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While many homeowners rushed to refinance, affordability is keeping a damper on sales. Now mortgage rates are climbing again, with investors having already priced in last week’s Fed rate cut. Continue reading →

2024 could be worst year for home sales since 1995: Fannie Mae

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Falling mortgage rates should help boost home sales by nearly 10 percent next year, but in the meantime, inventory shortages and affordability challenges are keeping a lid on sales in many markets. Continue reading →

That big Fed rate cut was no panacea for housing: Fitch analysts

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Fed easing was already priced into mortgage rates, but there’s room for more relief if investors who fund most home loans get less skittish about prepayment risk and quantitative tightening. Continue reading →