Tag Archives: mortgage rates

Mortgage rates retreat as wave of data suggests economy is cooling

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In less than a week, a series of reports has changed the outlook for the timing and magnitude of future Fed rate cuts, sending mortgage rates into a five-day tailspin. Continue reading →

Locked & Loaded: How the lock-in effect is impacting US consumers

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Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights’ latest consumer poll. Continue reading →

Mortgage rates are bouncing back, and homebuyers don’t like it

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As rates on conventional mortgages head back above 7 percent, homebuyer demand for purchase loans is wilting, with applications dropping for a third week in a row last week, according to an MBA survey. Continue reading →

Mortgage rates staying below 2024 highs, but buyers indifferent

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Bond market investors who fund most mortgages shrugged off hawkish remarks by Federal Reserve Governor Christopher Waller that he wants to see “several more months of good inflation data” before cutting rates. Continue reading →

Brad Inman: Real estate is tough in 2024. Focus on the upside instead

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Inman founder Brad Inman kicked off the inaugural Inman Connect Miami on Tuesday with a heartfelt keynote on friendship, community and optimism amid real estate industry challenges. Continue reading →

Inside the lock-in effect: Cheap mortgages weigh on US consumers

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Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights’ latest consumer poll. Continue reading →

Mortgage rates headed under 7% on encouraging inflation data

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Homebuyers have yet to respond in force to drop in rates, which have been in retreat from 2024 highs for three consecutive weeks following Fed easing and soft jobs and CPI reports. Continue reading →

Redfin CEO trying not to ‘count chickens’ after solid Q1 earnings

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A solid Q1 earnings report has Redfin CEO Glenn Kelman feeling confident. However, persistent market headwinds are keeping the CEO from being too bullish. Continue reading →