Tag Archives: federal reserve

Agree to disagree: 11 real estate leaders dust off crystal ball for 2023

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The market isn’t done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point. Continue reading →

Refis ramp up as rates fall to 6.28% — but homebuyers stay on the fence

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Requests to refinance accounted for 31 percent of all loan applications last week, well below the past decade’s average of 58 percent. Continue reading →

Homebuyer sentiment ticks up again on signs of market top

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More consumers are coming around to economists’ views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae. Continue reading →

The biggest mortgage, lending and housing finance stories of 2022

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The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading →

Homes could get more affordable even if prices don’t come down

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Homebuyer affordability could improve by 9 percent by the end of next year if mortgage rates continue to fall and home prices plateau as expected, First American economist predicts. Continue reading →

Bah humbug! Mortgage rates fall, but holidays curtail buyer demand

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It’s a slow time of year for homebuying, so it’s not surprising to Mortgage Bankers Association Chief Economist Mike Fratantoni that purchase applications didn’t jump last week. Continue reading →

Fed slows rate hikes, but remains wary of entrenched inflation

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Half a percentage point “is still a historically large increase and we still have some ways to go,” Fed Chairman Jerome Powell warns as policymakers wrap up final meeting of the year. Continue reading →

Homebuyers take notice as mortgage rates continue to fall

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Demand for purchase loans has increased in five out of the past six weeks, according to a weekly survey of lenders by the Mortgage Bankers Association released Wednesday. Continue reading →