Buyers responded with enthusiasm to a dip in mortgage rates last week, but this week’s rate spikes and conflict in Iran could lead to a downturn in mortgage applications in weeks to come. Continue reading
The drop to 5.99 percent on 30-year fixed-rate mortgages in the wake of shifting tariff policies could unlock transactions in select markets in the Midwest and South, according to an analysis from Realtor.com. Continue reading
Escalating costs and the impact of deferred maintenance mean that buyers and sellers aren’t always on the same page, so buyers are walking away, bi-coastal luxury agent Cara Ameer writes. Continue reading
Softening rates opened the door for 4.8 million borrowers to refinance their mortgages in January, the highest level in four years. However, affordability levels remain below pre-pandemic levels. Continue reading
With mortgage rates still hovering near 2025 lows, purchase loan applications hit their second-highest level of the year last week after adjusting for seasonal factors. Continue reading
The 9-3 split vote reflects differing views on whether the central bank’s biggest worry is inflation or rising unemployment, with data lagging after the government shutdown. Continue reading
After hitting a 2025 low on Oct. 28, mortgage rates continue to rise as hopes dim for a December Fed rate cut. Futures market investors on Wednesday saw only a 34 percent chance of a Dec. 10 rate cut, down from 94 percent in October. Continue reading
A 50-year mortgage may look tempting to a cash-strapped homebuyer, trainer Bernice Ross writes, but the cons far outweigh the easier up-front and monthly payments. Continue reading
Rebounding mortgage rates didn’t stop buyers from shopping for deals last week, with requests for purchase loans up 6 percent last week compared to the week before and 31 percent from a year ago, according to lender data tracked by the Mortgage Bankers… Continue reading
Mortgage rates hit a new 2025 low of 6.12 percent on Oct. 28, but have been on the rise after Fed Chair Jerome Powell said there’s no guarantee the Fed will cut rates for a third time in December. Continue reading