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Mortgage Rates Eclipse the 6% Mark

Freddie Mac reports the fixed-rate mortgage hit an average of 6.02% this week, a high point not seen since 2008 as affordability conditions continue to worsen for many potential buyers.

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Homebuyers Find More Options in Fall

Since the start of the pandemic, homes have been in high demand leading to fierce competition, rapidly depleting inventory, soaring prices, and a swift market pace. Realtor.com recently ...

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New Mortgage Payments Up $800 YoY

It’s no secret that the combination of rising home prices along with a trend of increasing interest rates have made buying the typical single-family home much more expensive, if ...

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Mortgage Credit Availability Falls in August

As investors continue to reduce their offerings of ARM and non-QM loan programs and with overall origination volume forecast to constrict, the MBA found mortgage credit availability on the decline once again in August.

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