Mortgage rates bounce back to July levels on inflation worries

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

Numbers to know: Is the Fed having second thoughts about rate cuts?

Inflation, combined with September’s strong jobs report, suggests that the Fed might be rethinking how quickly to cut the Federal Funds Rate, says Windermere’s Principal Economist Jeff Tucker. Continue reading

Would-be homebuyers put off by higher mortgage rates

Demand for purchase mortgages fell by a seasonally adjusted 7 percent last week, and requests to refinance were down 26 percent as mortgage rates continued to climb, MBA survey finds. Continue reading

Trump, Harris housing policies emerging from the rhetoric

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

Recent survey highlights housing priorities ahead of 2024 election

According to the survey, approximately 41.6 percent of U.S. homeowners believe that Donald Trump is best suited to maintain high home values, while 35.3 percent favor Kamala Harris for this role. Although homeowners generally see high home values as be… Continue reading

Latest inflation numbers could give mortgage rates additional lift

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

Mortgage rates are soaring on strong September jobs report

With a soft landing seen as more likely, analysts say Fed policymakers can now afford to be more cautious about the pace of future rate cuts, and mortgage rates aren’t likely to fall below 6 percent anytime soon. Continue reading

Homebuyers entering the market even as mortgage rates stabilize

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