Mortgage rates and mortgage applications both dropped slightly last week, as jittery investors continued to turn to government-backed bonds in the lead-up to the Federal Reserve’s June meeting and a shaky European market.
Read More »Low Mortgage Rates Spur Refinances
Total refinance volume between Fannie Mae and Freddie Mac increased in April due to falling mortgage rates, according to the Federal Housing Finance Agency (FHFA).
Read More »Low Rates Bring in the Mortgage Applications
Mortgage rates moved lower this week after a dismal jobs report, sparking buyers to rush to the market and take out a mortgage loan.
Read More »Fed’s Yellen Leans on Economy for Future Rate Hikes
Federal Reserve Chair Janet Yellen said Monday that the central bank will raise the federal funds rate when economic outlook uncertainties clear the air.
Read More »Does a Weak Economy Have its Perks?
While it is difficult to imagine anyone hoping for an economic downturn after the last mishap several years ago, Realtor.com believes that there are silver linings to having a weak economy.
Read More »Mortgage Round-Up: Rates, Applications Move in Opposite Directions
This week, mortgage rates trended up while applications declined as the Federal Reserve sent out large signals that a rate hike is imminent in June, but Friday's employment report could completely derail those plans.
Read More »Mortgage Round-Up: Rates, Application in the Balance
Rates held firm at 2016 lows, but buyers were in no hurry to take out a mortgage loan this week after the Fed left the option of a June ...
Read More »Which Housing Markets are Most Affordable?
As mortgage interest rates continue to remain at historical lows and home prices stay on favorable ground, housing affordability followed these trends with an increase in the first quarter of 2016.
Read More »Mortgage Round Up: Rates and Applications Data Synchronizes
Following an imbalance in data last week, mortgage rates hit a new low for the year, and borrowers took advantage of this with an uptick in mortgage applications this week.
Read More »The Big Catch to Those Low Mortgage Rates
Although home prices are continuing their upward climb, mortgage rates continue to hover around three-year lows, but what's the catch to those low rates?
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