Recent pullback in mortgage rates lifts outlook for home demand
A monthlong upswing in mortgage rates came to a halt in the past two weeks, with rates for 30-year loans retreating back below 3 percent. Continue reading
A monthlong upswing in mortgage rates came to a halt in the past two weeks, with rates for 30-year loans retreating back below 3 percent. Continue reading
Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com released on Wednesday showed. Continue reading
Requests to refinance accounted for almost two-thirds of all mortgage applications during the week ending Nov. 5. Continue reading
Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to negatively impact prices. Windermere Chief Economist Matthew Gardner explains why. Continue reading
Net income down 77 percent from a year ago, when refinancing boom drove higher profit margins. Continue reading
Americans’ confidence that the economy is on the right track is at its lowest level since 2013, but that’s not expected to hurt home sales, with homebuyer demand still outpacing available listings. Continue reading
The dip in mortgage rates this week was small compared to the rise recorded over the last month. Economists say they expect more increases. Continue reading
Most of the decline in mortgage rates came later in the week, too late to prevent demand for refinancing from dropping to the lowest level since January 2020. Continue reading
The Federal Reserve this month will begin drawing down the support it’s provided to mortgage rates during the pandemic. Continue reading
Joint ventures with homebuilders and referral relationships with real estate agents are helping fuel loanDepot’s partner channel. Continue reading