Fed Chair Jerome Powell signals latest rate hike could be the last

Mortgage rates expected to ease even as Fed vows to continue “quantitative tightening” that’s trimming mortgage holdings by $35 billion a month. Continue reading

Homebuyer demand up 3rd week in a row as mortgage rates ease

The unusually wide “spread” between 10-year Treasury yields and 30-year fixed-rate mortgages means mortgage rates could have more room to come down. Continue reading

The tug-of-war between millennials and boomers heats up this spring

Five real estate experts explain how rising mortgage rates, inflation and economic uncertainty could impact baby boomers and millennials this spring and how both groups can succeed in the short and long term. Continue reading

‘Just a freakish bit of data’: Sticker shock imperils spring home demand

Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come. Continue reading

Housing still biggest contributor as inflation slowed pace in February

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading

Housing still biggest contributor as inflation slowed pace in February

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading

Mortgage rates nosedive in fallout from Silicon Valley Bank failure

Bank failures and a slowdown in wage growth have forecasters thinking the Fed will back off from an aggressive rate hike campaign next week. Continue reading

Mortgage rates headed past 7% after Powell warns Congress on inflation

Futures markets are taking the Fed chair at his word that policymakers may have to hike rates faster and take them higher to combat inflation Continue reading

After 3 months of improvement, homebuyer sentiment declines

Fannie Mae’s National Housing Survey shows Americans are feeling less secure about keeping their jobs, and nearly 8 in 10 think it’s a bad time to buy a home. Continue reading