| Date | Title | Description |
| 11.09.2024 |
Mortgage rates drop to another new low for 2024 | On this crazy day with the bond market, mortgage rates dropped to another yearly low after the CPI inflation print. How low? Mortgage News Daily came out with a shocking print of 6.11% mortgage rates for their top-tier borrowers, while Hous... |
| 29.08.2024 | Refinancing Applications Climb 118% Year-over-Year as Interest Rates Hit 15-Month Low | Refinancing is up, interest rates are down
Homeowners are primarily seeking to reduce their monthly payments or shorten their loan terms without leveraging their home equity or taking on additional debt.”
— Dana HendrixLOUISIANA, USA, Augus... |
| 17.08.2024 | The Refinance Rollercoaster: A Market on Edge | The refinance market is a wild ride. Just when it seems to gain momentum, it hits a bump. Recent data shows a surge in refinance applications, but the reality is more complex. The numbers tell one story, but the experiences of loan originat... |
| 13.08.2024 |
Are refis back?! Applications hit highest level since August 2022 | Refinance activity last week hit its highest level since August 2022, when mortgage rates were closer to 5%. But it’s far too early to celebrate.
Refinance activity received a major boost last week as mortgage rates declined on the back of ... |
| 04.08.2024 | Mortgage Rates Take a Dive: A New Dawn for Borrowers | Mortgage rates are like a rollercoaster, and right now, they’re on a thrilling descent. The average 30-year fixed-rate mortgage has plummeted to 6.62%, the lowest it’s been in 2024. This shift is more than just numbers; it’s a signal of cha... |
| 02.08.2024 |
Mortgage rates plummet and everything has suddenly changed — for now | Prospective borrowers with strong credit are locking in mortgages this week at the lowest rates in more than a year, loan officers and lending executives told HousingWire on Friday.
A sample of more than a dozen industry professionals said ... |
| 01.08.2024 |
Mortgage rates drop to lowest level of 2024 | The average 30-year fixed-rate mortgage dropped to 6.62% on Thursday, a new low for 2024 that appears to be tied to the expectation that the Federal Reserve could move to cut interest rates at its next meeting in September. This is accordin... |
| 23.04.2024 | Higher interest rates are rippling through the market again | figcaption>span]:font-sans">
Data: Yahoo Finance; Chart: Axios Visuals
That sound you hear — on Wall Street, among homebuyers and among those who wring their hands about the U.S. government's fiscal position — is people realizing... |
| 17.04.2024 |
The mortgage rate pendulum swings yet again | Expect 2024 to be mildly better than 2023 with mortgage rates falling in the second half of the year, housing experts opined in their forecasts at the end of the year.
Cuts to the Federal funds rate (and subsequently to mortgage rates) are ... |
| 14.03.2024 | Portland singles need 28 years to save for starter home | couples and individuals to afford a starter home down payment">couples and individuals to afford a starter home down payment">Data: Point2; Note: Down payment calculated as the minimum amount needed to have an affordable mor... |
| 07.03.2024 | Singles need 27 years to save for a Seattle starter home | couples and individuals to afford a starter home down payment">couples and individuals to afford a starter home down payment">Data: Point2; Note: Down payment calculated as the minimum amount needed to have an affordable mor... |
| 02.03.2024 | What mortgage rates mean for Twin Cities home buyers this spring | Lower mortgage rates won't make buying a home much easier or cheaper, Axios' Emily Peck reports.
They could actually drive up home prices in the Twin Cities and nationwide if demand surges and inventory remains tight.
Why it matters: Steep ... |
| 02.03.2024 | Why the Denver housing market won't be cheaper this spring | Data: Redfin; Chart: Alice Feng and Jared Whalen/Visuals
Lower mortgage rates won't make buying a home much easier or cheaper, Axios' Emily Peck reports.
Why it matters: Steep borrowing costs are just one piece of the housing affordability ... |
| 02.03.2024 | What mortgage rates mean for Chicago home buyers this spring | Lower mortgage rates won't make buying a home much easier or cheaper, Axios' Emily Peck reports.
They could actually drive up home prices in Chicago and nationwide if demand surges and inventory remains tight.
Why it matters: Steep borrowin... |
| 02.03.2024 | Why the D.C. housing market won't be cheaper this spring | Data: Redfin; Chart: Alice Feng and Jared Whalen/Visuals
Lower mortgage rates won't make buying a home much easier or cheaper this year, Axios' Emily Peck reports.
Why it matters: Steep borrowing costs are just one piece of the housing affo... |
| 24.02.2024 | Million-dollar homes are swallowing D.C.’s housing market as a whopping 20% of listings are out of reach for most people | Washington, D.C. is consistently ranked as one of the most expensive housing markets in the U.S. The nation’s capital is home to some of the wealthiest and most powerful people in the world, but its low-income residents feel the brunt of an... |
| 22.02.2024 | Say goodbye to the peak of home price appreciation, Fortune 500 chief economist says—it’s behind us | The housing market has been all but impossible to crack for many buyers the past two years. The coupling of mortgage rates and home prices being on the rise made the thought of buying a house painful—and, for sellers, losing their sub-3% mo... |
| 05.02.2024 | Why a booming US job market is bad news for homebuyers | Real Estate Why a booming US job market is bad news for homebuyers
Filip De Mott
2024-02-05T19:47:58Z
Share icon An curved arrow pointing right.
Share
Facebook Icon The letter F.
Facebook Email icon An envelope. It indicates the ability to ... |
| 30.01.2024 |
A repositioning of players in the MSR market is underway | The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $... |
| 17.01.2024 |
MBS market imbalance fueling higher rates | Fannie Mae and Freddie Mac are in the spotlight again over the role some housing-industry experts say they could play in reducing mortgage rates if they resumed a more active investor role in the mortgage-backed securities (MBS) market.
Tha... |
| 16.01.2024 | Boomers’ dominance of the housing market is so complete that empty nesters own twice as many large homes as millennials with kids, Redfin analysis reveals | We all know that baby boomers are dominating the housing market, as they either own their homes outright or have locked-in low mortgage rates, while their properties appreciate in value. But Redfin reveals it’s perhaps even worse than you t... |
| 13.01.2024 | Those falling mortgage rates don’t mean falling home prices, Capital Economics says, revising its forecast up for the year | Mortgage rates are falling, and they’re considerably lower than a recent peak reached in October at about 8%. But even now, with the average 30-year fixed mortgage rate at 6.69%, it’s not nearly enough to restore affordability, let alone pu... |
| 10.01.2024 | Millennials are ‘carpooling for homes’ by teaming up with non-romantic co-buyers because of the disastrous state of the housing market | The tragic economic plight of the millennial has been extensively documented (although sometimes questioned and debunked). The starting fact of two historic recessions before they turned 40 is contrasted with the refrain that baby boomers h... |
| 09.01.2024 |
Home-equity lending blossomed in 2023 | Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%.
The popu... |
| 09.01.2024 | Detroit dethroned Miami as fastest-appreciating housing market as home prices continued their climb in late 2023, CoreLogic says | Florida’s long reign is over as housing prices stay hot. That’s one of the big takeaways from the CoreLogic home price index’s data for November 2023, which shows yet another surge in home prices. The cost of housing shot up 5.2% year-over-... |
| 22.12.2023 |
‘Mortgage winter’ is expected to thaw a bit | The year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward toward a healthier market.
The housing industry, including the secondary market it feeds, i... |
| 14.12.2023 |
A sub-7% mortgage rate brings holiday cheer | The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday.
The 30-year, fixed mortgage rate averag... |
| 14.12.2023 | The Fed brought some relief to the housing market | Real Estate The Fed brought some relief to the housing market
Phil Rosen
2023-12-14T16:35:45Z
Share icon An curved arrow pointing right.
Share
Facebook Icon The letter F.
Facebook Email icon An envelope. It indicates the ability to send an ... |
| 13.12.2023 |
2023: A year of retrenchment for the secondary mortgage market | As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates, steep home prices, scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021.
It also has been... |
| 12.10.2023 |
Mortgage rates up to 7.57% this week on heels of strong jobs report: Freddie Mac | Mortgage rates kept climbing for the fifth consecutive week, bringing average year-over-year rates 60 basis points higher.
Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down paym... |
| 05.10.2023 |
Could mortgage rates finally hit 8%? | Mortgage rates kept climbing this week as spreads on the 10-year Treasury yield widened, reaching a 16-year high.
Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, show... |
| 27.09.2023 |
Mortgage costs, lender denials jumped in 2022: CFPB | Homebuyers faced surging mortgage costs, fees and monthly payments in 2022 amid a tightening monetary policy designed to combat persistent inflation. And because their income didn’t keep up, lenders’ denials for a home loan jumped last year... |
| 21.09.2023 |
Mortgage rates lingering around 7.2% as Fed pauses hikes | Mortgage rates remained well above 7% on Thursday as markets digested Wednesday’s Fed meeting.
Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed... |
| 20.09.2023 |
The Fed pauses its rate hikes for now, will it last? | The Federal Open Markets Committee paused its interest-rate hikes on Wednesday for the second time this year. However, the door remains open for another increase as early as November.
Most Fed officials last June had penciled in two more ra... |
| 14.09.2023 | These are the 10 most undervalued real estate markets in America right now, according to a housing data provider | Home prices have stayed afloat despite elevated mortgage rates. AP Photo/Alex Brandon This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
US home values rose in July 2023 in a continuation of... |
| 14.09.2023 |
Mortgage rates rise again following two weeks of declines | Mortgage rates remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision.
Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loan... |
| 07.09.2023 |
Housing market “stuck” as mortgage rates remain above 7% | A slight cooling in mortgage rates wasn’t enough to keep mortgage applications from sinking to a 28-year low.
Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows th... |
| 25.08.2023 |
Housing sector is showing signs of picking back up: Powell | In a hawkish tone, Jerome Powell said that Federal Reserve (Fed) officials are prepared to raise the federal funds rate further and hold it at high levels until they are confident that inflation is moving sustainably down to the 2% target. ... |
| 24.08.2023 |
Mortgage rates continue to climb beyond 7% | Mortgage rates shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting.
Investors are concerned that the central bank will continue raising the f... |
| 23.08.2023 |
Where are mortgage rates headed? | Bad news for mortgage professionals: not only are mortgage rates at their highest level in over two decades, they might not drop anytime soon.
On Wednesday morning, the 30-year fixed mortgage rate was 7.29% at HousingWire’s Mortgage Rates C... |
| 17.08.2023 |
Mortgage rates climb as US yields hit highest level since 2008 | Mortgage rates continued to climb this week as U.S. bond yields hit their highest level since 2008. Despite the turbulence, some analysts said a debt crisis is not imminent. According to those analysts, investors in the bond market are reac... |
| 09.08.2023 |
Mortgage applications fell another 3.1% last week | Mortgage applications fell for the third consecutive week as the 30-year fixed mortgage rate rose to its highest level since November 2022 at 7.09%. For the week that ended August 4, mortgage applications fell 3.1% from the prior week, acco... |
| 03.08.2023 |
Mortgage rates tilt towards 7% as the 10-year treasury yield jumps | Mortgage rates continued to inch towards 7% this week as the 10-year treasury yields climbed past the 4% threshold.
Investors assessed the state of the U.S. economy after Fitch Ratings downgraded the U.S.′ long-term, foreign currency issuer... |
| 02.08.2023 |
Mortgage demand fell some more last week | As the Federal Open Markets Committee raised interest rates by 25 basis points last Thursday, mortgage rates ticked up and mortgage applications fell. For the week that ended July 28, mortgage applications fell 3% from the prior week, accor... |
| 28.07.2023 | How to buy a rental property with no money down: A real-estate investor with a 26-unit portfolio shares 2 strategies for new investors — and 7 other tips for getting started | Real Estate How to buy a rental property with no money down: A real-estate investor with a 26-unit portfolio shares 2 strategies for new investors — and 7 other tips for getting started
William Edwards
2023-07-28T16:17:28Z
Share icon An cur... |
| 27.07.2023 |
Mortgage rates inch closer to 7% | Mortgage rates rose slightly this week ahead of the Federal Reserve Open Markets Committee‘s rate hike. The 25-basis point increase to the federal funds rate was widely anticipated and priced in by capital markets.
Freddie Mac’s Primary Mor... |
| 26.07.2023 |
Mortgage applications fell 1.8% ahead of FOMC meeting | As mortgage rates remained stubbornly high last week, hovering around 6.87%, mortgage applications fell from a week prior. For the week that ended July 21, mortgage applications fell 1.8% from the prior week, according to data from the Mort... |
| 26.07.2023 |
Fed hikes rates amid general wave of optimism | The Federal Reserve (Fed) raised the federal funds rate 25 basis points to the 5.25 to 5.5% range on Wednesday, its highest level in 22 years.
While the markets have already “priced in” this rate hike, which was widely expected, most invest... |
| 20.07.2023 |
Mortgage rates fell 18 bps, but that’s of little solace to homebuyers | Mortgage rates dropped to 6.78% this week, the biggest weekly decline since mid-March, as investors digested a raft of mixed incoming economic data.
Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming ... |
| 13.07.2023 |
Mortgage rates are close to 7%, and may remain so for several weeks longer | Mortgage rates continued rising for the third consecutive week, increasing to 6.96%, the highest level since November 2022.
The uptick in mortgage rates came amid positive inflation news – the consumer price index rate showed cooling prices... |
| 06.07.2023 |
Mortgage rates reach their 2023 peak | Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed.
The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, sho... |
| 29.06.2023 |
Mortgage rates stay put this week | Mortgage rates little changed this week as investors assessed Federal Reserve Chairman Jerome Powell’s latest comments on rate hikes. To sum it up: a very strong labor market remains the main driver behind the Fed’s rate setting decisions a... |
| 22.06.2023 | Harvard researchers share 7 charts that show the struggles of buying and renting a home in America today, and their recommendations for solving them | Joe Raedle/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Redeem now
The Harvard Joint Center for Housing Studies released their State of The Nation's Housing report.
The re... |
| 22.06.2023 |
Mortgage rates decline (again). What does it mean for the summer home-buying season? | Mortgage rates declined again this week following the Federal Reserve‘s recent pause on monetary tightening. However, rates on home loans remain at elevated levels compared to last year and that pause looks temporary.
What should we expect ... |
| 21.06.2023 |
Mortgage demand rises but remains way down from last year | On the heels of the Federal Reserve pausing its rate hikes, mortgage demand increased, but only slightly.
For the week that ended June 21, mortgage applications only climbed 0.5% from the prior week, according to the Mortgage Bankers Associ... |
| 14.06.2023 |
Fed pauses rate hikes in June. But how long will it last? | The Federal Reserve (Fed) maintained the federal funds rate in the 5% to 5.25% range on Wednesday, following 10 consecutive hikes that brought rates to a level never seen since 2007.
The Federal Open Markets Committee (FOMC) has decided to ... |
| 08.06.2023 |
Mortgage rates decline following debt ceiling deal | The U.S. debt ceiling impasse was solved when President Joe Biden signed a bill on Saturday to suspend the $31.4 trillion limit until January 2025 and cap government spending. It alleviated some pressure on mortgage rates, which declined ov... |
| 01.06.2023 |
Mortgage rates trend down amid lower monetary, fiscal pressures | Mortgage rates jumped last week amid a debt ceiling impasse and expectations of another federal funds rate hike. However, rates have started to reverse course over the last few days, following news of a debt agreement and signals that the F... |
| 25.05.2023 |
Higher mortgage rates, wider spreads follow debt ceiling impasse | The debt limit fight between the Republican-controlled House of Representatives and President Joe Biden’s White House is adding pressure to a shrinking mortgage market.
Amid the rising risk of government default, mortgage rates increased to... |
| 24.05.2023 |
Mortgage apps decline as rates hit the 7% mark | Last week, the U.S. debt ceiling impasse and the resilient economy led mortgage rates to climb to the highest level in two months. Some indexes show the 30-year fixed rate has reached the 7% mark, which has reduced borrowers’ appetite for h... |
| 18.05.2023 |
Mortgage rates increase as debt ceiling battle continues | Mortgage rates increased this week as the debt limit impasse between the Republican-controlled House of Representatives and President Joe Biden’s White House continues to cause uncertainties within the market.
Rising rates and home prices c... |
| 17.05.2023 |
Mortgage apps decrease as rates climb back toward 7% | Borrowers’ demand for home loans slowed down last week as mortgage rates increased to their highest level in two months. This time the source of volatility is not the Federal Reserve’s tightening monetary policy but ongoing discussions to r... |
| 01.05.2023 | A 31-year old real-estate investor with a 134-unit portfolio shares the strategy he's using to sidestep high mortgage rates and buy properties with none of his own money | Christian Osgood This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Redeem now
Christian Osgood and Cody Davis have been investing in real-estate for a little over a year now.
Their main str... |
| 26.04.2023 |
DataDigest: Correcting the LLPA false claims | Your social media feed right now is probably abuzz with claims that the FHFA’s new loan level pricing adjustments (LLPAs) on conventional mortgages favor buyers with bad credit over buyers with great credit.
“A 620 FICO score gets a 1.75% f... |
| 30.03.2023 | Low inventory a challenge to housing market as rates decline | Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season. But while rates have dropped, the housing market has continued to be challenged by low inventory levels.
Freddie Mac’s Primary Mortg... |
| 29.03.2023 | A senior economist at Interactive Brokers shares why home prices across the country will fall another 11% over the next year — and why a 2008-size crash he had expected won't come after all | Workers are shown building luxury single family homes in Carlsbad, California. Mike Blake/Reuters This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Redeem now
Interactive Brokers Senior Eco... |
| 23.03.2023 | With mortgage rates dropping, the conforming and jumbo loan spread narrows | The collapses of Silvergate Bank, Silicon Valley Bank and Signature Bank, the rescue of First Republic Bank and the acquisition of Credit Suisse by UBS, brought turbulence to the financial markets that led to a decline in mortgage rates – d... |
| 22.03.2023 | Fed delivers a 25 bps rate hike amid bank failures | The Federal Reserve (Fed) has decided to forge ahead in its fight against inflation, despite several bank closures that have caused turbulence in the financial markets. On Wednesday, the Federal Open Market Committee (FOMC) announced the de... |
| 16.03.2023 | Mortgage rates declined amid banks failures. What’s next? | After increasing steadily for over a month, mortgage rates fell last week following a deposit run that provoked a liquidity crisis in regional U.S. financial institutions — and resulted in the failures of Silicon Valley Bank and Signature B... |
| 15.03.2023 | Silicon Valley’s ‘bridge bank’ says it’s resumed mortgage originations | Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance... |
| 14.03.2023 | Cooling inflation in February brings hope that Fed rate hikes are over | Consumer prices climbed at a slower pace in February, keeping alive the hope that the Federal Reserve may pause the federal funds rate hikes in its meeting next week following the Silicon Valley Bank and Signature Bank failures.
The Consume... |
| 13.03.2023 | How the run on banks is affecting the mortgage market | Following the collapse of Silicon Valley Bank last week, the biggest bank failure since Washington Mutual in 2008, two other American banks with significant roles in the housing industry were hit by a deposit run. Signature Bank closed its ... |
| 09.03.2023 | Mortgage rates climb as Fed signals more aggressive rate hikes | Federal Reserve Chairman Jerome Powell sent a clear message during his U.S. Senate speech on Tuesday morning: Fed officials are likely to deliver higher rate hikes than previously expected to combat persistent inflation.
“As I mentioned, th... |
| 08.03.2023 | Demand for home loans climbs despite surging mortgage rates | It’s counterintuitive but real: Despite surging mortgage rates, borrowers’ demand for home loans rose last week.
There were very low levels of mortgage applications in the weeks prior to the surprising uptick. However, a surge in demand for... |
| 02.03.2023 | The 7% mortgage is back with a vengeance | Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. And it could be a while before they tick back down, economists say.
The 30-year fixed-rate mortgage on Thursday, March 2 to... |
| 01.03.2023 | Higher mortgage rates dim hope for a busy spring housing market | Higher mortgage rates have zapped mortgage demand, as buyers are having second thoughts about purchasing homes.
Mortgage applications for home purchases dropped 6% for the week ending February 24 from the previous week, according to the Mor... |
| 23.02.2023 | The housing industry is on a mortgage rate roller coaster | The mortgage industry has been on a roller coaster ride this year due to a resilient economy. In the span of a month, mortgage rates shot up near 7% after dropping to the low 6%-levels.
“The economy continues to show strength, and interest ... |
| 22.02.2023 | Mortgage demand falls again as mortgage rates climb closer to 7% | It’s proving to be a brutal February for the mortgage industry, with mortgage demand falling for the third time in four weeks. At a time when purchase activity typically ramps up, the latest mortgage application data is showing that mortgag... |
| 16.02.2023 | Mortgage rates inch closer to 7% in the midst of a strong economy | Economic data indicating that the U.S. economy has remained resilient despite the Federal Reserve‘s tightening monetary policy led to a substantial increase in mortgage rates last week. Does this mean mortgage rates are close to reaching th... |
| 09.02.2023 | Mortgage rates rise for the first time in 2023. Is volatility back? | Optimism spread across the mortgage industry at the start of 2023. Signs that the disinflationary process was working raised hopes that the Federal Reserve may stop the federal funds rate hikes sooner rather than later. Mortgage rates also ... |
| 25.01.2023 | As mortgage rates decline, the mantra is ‘no buyers left behind’ | As mortgage rates continue to decline, Chad Earnest’s mantra with his referral partners in 2023 is “no buyer left behind.”
The Montgomery, Texas-based area manager, who moved from AmeriSave Mortgage Corporation to Cardinal Financial Company... |
| 18.01.2023 | Lower mortgage rates, higher inventory boost demand for home loans | Like its competitors, Tennessee-based First Community Mortgage, Inc. (FCM) reduced the company’s size through 2022 amid a tough mortgage market. At the start of 2023, the company is investing in training the sales team on tactics to start g... |
| 12.01.2023 | Optimism spreads across the mortgage industry at the start of 2023 | Mortgage industry watchers have started 2023 with optimism regarding the possibility of mortgage rates returning to the 5% range this year – but not without a dose of volatility on the way.
“The mortgage market began 2023 on a positive note... |
| 09.01.2023 | Morgan Stanley breaks down why home prices are due to drop in 2023 for the first time in over a decade — and shares 3 data points that are strikingly similar to the mid-2000s crisis | adamkaz/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Home prices have fallen since June, according to S&P Dow Jones Indices.
In a note on Thursday, Morgan Stanley said... |
| 05.01.2023 | Mortgage demand slumps 13% as home-loan rates turned higher at the end of a tough 2022 for the housing market | Weekly mortgage applications fell to their lowest since 1996 as a brutal 2022 for the housing market came to a close.
The Mortgage Bankers Association also said refinancing activity fell 16.3% at the end of December.
Advertisement
Mortgage ... |
| 30.12.2022 | Why Multifamily Real Estate Can Be A Hedge Against Inflation | Michael H. Zaransky is Founder and Managing Principal of MZ Capital Partners, an award winning multifamily investment and development firm. |
| 22.12.2022 | Mortgage rates are falling. How low can they go in 2023? | Mortgage industry executives, analysts and economists have started to place their bets on where mortgage rates will settle in 2023 amid the Federal Reserve’s tightening monetary policy and the fears of an economic recession. Spoiler alert: ... |
| 20.12.2022 | Lower mortgage rates, higher demand lead to optimism for late 2023 | Lower mortgage rates helped to increase borrowers’ demand for home loans last week, which in turn drummed up optimism for the mortgage industry at the end of 2022. Economists believe that if the trend continues, the market will be able to i... |
| 15.12.2022 | Mortgage demand rises after nearly a month of declines as buyers respond to pullback in rates | Weekly applications for home loans have risen after weeks of declines.
The average 30-year fixed-rate for mortgages was at 6.42%, near its lowest in a month.
Advertisement
Weekly applications for home loans have edged higher, suggesting som... |
| 10.12.2022 | Billionaire real estate investor Sam Zell says don't take too much comfort in declining mortgage costs, and the Fed will keep hiking rates close to 6% | The Fed will need to rate interest rates closer to 6% to meaningfully ease inflationary pressures, said legendary property investor Sam Zell.
A "shocking event" was mortgage rates more than doubling this year, the billionaire told... |
| 08.12.2022 | Mortgage rates are down, but not enough for most borrowers | Mortgage rates continued the downward trend this week amid signs that the U.S. economy is cooling down due to the tightening monetary policy. The recent declines, however, have not been enough to convince borrowers to take out a home loan.
... |
| 01.12.2022 | Powell’s speech was a direct hit to mortgage rates | The Federal Reserve Chairman Jerome Powell said during a Wednesday afternoon speech at the Brookings institute that monetary policy affects the economy and inflation with uncertain lags, and the full effects of the ongoing tightening have y... |
| 29.11.2022 | $1 million conforming loan limit reignites affordability debate | The conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac will pass the $1 million mark for the first time in 2023, reigniting a debate about the government’s role in the mortgage market and its persistent affordability c... |
| 23.11.2022 | Mortgage rates dropped again, so why are some borrowers on the sidelines? | Recent declines in mortgage rates, which are due to a slowdown in inflation growth, have been enough to convince some borrowers to apply for new home loans, according to recent data on mortgage applications.
However, there are still forces ... |
| 16.11.2022 | Mortgage demand rose on the back of slower inflation growth | Mortgage demand rose as rates dropped following the October slowdown in inflation growth numbers. However, while purchase mortgage applications increased across all loan types, refinance activity remained depressed.
The market composite ind... |
| 15.11.2022 | Lending standards tighten due to high rates, worsening economic outlook | Lending standards tightened in October, largely due to higher mortgage rates and the worsening outlook for the economy, the Mortgage Bankers Association (MBA) said.
The mortgage credit availability index (MCAI) fell by 0.5% to 102.0 last mo... |
| 10.11.2022 | Mortgage rates collapse on softer inflation data | Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! So, the question is, are we reaching ... |
| 09.11.2022 | Mortgage demand dipped as the Fed announced interest rate hike | Potential homebuyers stayed on the sidelines for mortgages amid the Federal Reserve’s announcement of another interest rate hike.
The Mortgage Bankers Association (MBA) survey shows that the mortgage composite index for the week ending Nov.... |
| 03.11.2022 | Lenders convince buyers to ‘marry the house and date the rate’ | The Federal Reserve’s tightening of monetary policy is causing mortgage rates to rise rapidly. For lenders, that means finding new ways to drum up business, like introducing programs that try to convince borrowers to ‘marry the house and da... |
| 02.11.2022 | Mortgage demand declines at a slower pace | Borrowers’ demand for mortgage loans declined at a slower pace last week when mortgage rates dropped slightly ahead of the Federal Reserve’s (Fed) meeting to announce the new target for the federal funds rate.
According to the latest survey... |
