Home prices could ‘moderate’ if mortgage rates keep rising

Mortgage rates are headed up as investors who fund home loans digest the prospects for long-term inflation and the Fed’s tapering plans. Continue reading

Demand for mortgages cools as rates bounce back to July levels

An uptick in mortgage rates following last week’s Federal Reserve meeting cooled demand for both purchase mortgages and refinancing, particularly for government-backed FHA, VA and USDA loans. Continue reading

Sustained surge in mortgage rates could dent home sales

In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of the Fed. Continue reading

Mortgage rates continue to flatline ahead of Fed tapering details

Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve’s tapering plans. Continue reading

Fall housing outlook: Cooling prices, tighter inventory, less competition

As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight Continue reading

Home sales will cool off for the rest of this year and next: Fannie Mae

Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Continue reading

Homebuyer sentiment ticks up for the first time since March

Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale. Continue reading

Fed says it wants to see job numbers before tapering

Powell “stuck to the script in his Jackson Hole speech,” said Pantheon Macroeconomics Chief Economist Ian Shepardson. “Anyone hoping for a steer on the timing of the taper will have been disappointed, but it was never likely.” Continue reading