Tag Archives: mortgage rates

Demand for purchase loans picks up, but so do mortgage rates

By | | Uncategorized
Comments Off on Demand for purchase loans picks up, but so do mortgage rates

Applications for FHA mortgages and conforming loans backed by Fannie and Freddie were up last week, even as rates crept back toward 2023 highs registered in August. Continue reading →

Mild recession, elevated mortgage rates eyed in 2024: Fannie Mae

By | | Uncategorized
Comments Off on Mild recession, elevated mortgage rates eyed in 2024: Fannie Mae

Fannie Mae economists predict “mild recession” next year, but say mortgage rates may not ease as much as previously expected. Continue reading →

VC-backed Roam seeks to connect buyers to assumable mortgages

By | | Uncategorized
Comments Off on VC-backed Roam seeks to connect buyers to assumable mortgages

In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing. Continue reading →

2023 fall outlook: A cooler season roiled by homebuyer-seller friction

By | | Uncategorized
Comments Off on 2023 fall outlook: A cooler season roiled by homebuyer-seller friction

Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections. Continue reading →

The 2023 fall housing market won’t look anything like the 2022 market

By | | Uncategorized
Comments Off on The 2023 fall housing market won’t look anything like the 2022 market

Windermere Real Estate Chief Economist Matthew Gardner revealed to Intel why an inventory surge in the fall of 2022 may have been a blip — and what that might mean for the housing market. Continue reading →

Skittish sellers, hungry buyers: How the Fed tanked housing

By | | Uncategorized
Comments Off on Skittish sellers, hungry buyers: How the Fed tanked housing

Goldman Sachs economist Michael Murdoch criticized the Federal Reserve’s rate strategy at Ben Kinney Companies’ BuiltHOW conference on Tuesday and shared how upcoming policies could impact the 2024 housing market. Continue reading →

Consumer homebuying sentiment has plateaued at ‘pessimistic’

By | | Uncategorized
Comments Off on Consumer homebuying sentiment has plateaued at ‘pessimistic’

Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82 percent also said August was a bad time to buy. Continue reading →

Purchase loan applications once again at lowest level since 1995

By | | Uncategorized
Comments Off on Purchase loan applications once again at lowest level since 1995

Mortgage rates are climbing back toward 2023 highs as more inflation data comes in hot, spurring fears of another Federal Reserve rate hike in November. Continue reading →