As rates continue to edge higher, both purchase and refi activity slowed this week with the average loan hitting a record high of $446,000.
Read More »The Average Home Now Costs More Than $475k
Lack of sufficient inventory combined with inflation and the threat of rising interest rates continue to put pressure on the market.
Read More »Mortgage Applications Decline Week-Over-Week
After showing signs of gains, mortgage application volume fell this week, led by a slight drop-off in refi volume.
Read More »Inflation, Consumer Spending Driving Mortgage Rates Upward
After dipping below the 3% mark last week, fixed-rate mortgages climbed on the strength of a rise in consumer spending and improvements in unemployment.
Read More »Mortgage Rates Down Week-Over-Week
The days of rates in the 3% range may be numbered, as yesterday’s actions by the Fed to begin tapering may put upward pressure on rates moving forward.
Read More »Measuring the Fed’s Tapering Impacts on the Mortgage Market
Fed Chair Jerome Powell has announced a slow tapering of the U.S. economy, as MReport examines the impact of the Fed’s actions on the nation’s housing market.
Read More »Mortgage Rates Trending Downward This Week
Freddie Mac has found that rates are on the slide for the second consecutive week, dipping further below the 3% mark.
Read More »Mortgage Rates Not Dampened by Winter Blues
Mortgage rates hit their highest mark since August 2020 this week, but home shoppers continue to take advantage of record-low rates as the U.S. economy slowly comes back to life.
Read More »Housing Experts Tout Solution for Ginnie Mae Issuers at Risk
With the potential for another “liquidity panic,” experts say government loans are the most vulnerable, and the federal government should act now.
Read More »Federal Reserve Increases Purchase of MBS
A new report states the Fed's balance sheet has grown to more than %7 trillion in June. Click through to read how this could impact the mortgage market.
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