Tag Archives: mortgage rates

Homebuyers continue to take advantage of falling rates

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Demand for purchase mortgages has picked up in five out of the past six weeks, and applications to refinance have roared back, jumping 27 percent from a year ago. Continue reading →

Homebuyer sentiment tallies record low amid falling rates

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Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances. Continue reading →

How low can they go? Mortgage rates back under 7% this week

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Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as three new reports released this week suggest the economy is, in fact, losing steam. Continue reading →

Fed Chair Powell’s attempt to deflate rate-cut expectations flops

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Investors who fund most mortgages remain convinced the Fed will begin lowering rates in the spring to avoid strangling the economy. Continue reading →

Hallelujah! Finally, some good news about the real estate market

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You loved last week’s good news on mortgage rates, and this week brought even more smiles to real estate agents and brokers. Continue reading →

Homebuyers seizing the day as mortgage rates continue to slide

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Demand for purchase loans picks up for fourth consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides. Continue reading →

Fannie and Freddie 2024 loan limits upped to $766,550 in most areas

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Surge in Q3 home price appreciation pushes conforming loan limit in high-cost markets to $1,149,825 for one-unit properties, and up to $2,211,600 for four-unit properties. Continue reading →

35% of Americans hope the housing market will crash in 2024

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Financial site LendingTree’s latest consumer survey revealed 35 percent of Americans hope the market will crash in the next 12 months. Why? They believe an economic downturn will lower mortgage rates and home prices. Continue reading →