A "pretty amazing balancing act" between low interest rates and rising home prices is reportedly keeping affordability stable at the national level.
Read More »Fed Action May Not Mean Higher Mortgage Rates
The average 30-year FRM has now been below 4 percent for 32 consecutive weeks, the second-longest string in history.
Read More »Mortgage Rates Confused on Which Way to Go
With the economy sending mixed signals, average mortgage interest rates—which have been hovering right above historic lows for weeks—may not know which direction to go.
Read More »Refi Requests Skyrocket in Brexit Aftermath
The aftermath of Brexit in the U.S. has been mortgage rates hovering just above their historic low level set nearly four years ago, which prompted the spike in refinance requests.
Read More »Refis May Drop As Rates Rise
Will borrowers have an incentive to refinance if rates increase?
Read More »Mortgage Rates at Near-Historic Lows
What do near-historic low mortgage interest rates mean for the mortgage industry?
Read More »Is a Fed Rate Hike Imminent?
Two mortgage interest rate indicators released today showed that rates moved upward for the month and over the last week, keeping alive the possibility that the Fed may finally make its move this summer.
Read More »Mortgage Roundup: Rates Hover Near 3-Year Lows, Applications Rise
Interest rates for home loans remained near 3-year lows this week, while coincidentally, mortgage applications experienced a jump. Are consumers finally taking advantage of historically low rates?
Read More »What do Sinking Mortgage Rates Mean for the Market?
Mortgage interest rates continued their downward pattern this week, reaching their lowest level since February of last year.
Read More »Interest Rate Hikes Could be Closer Than You Think
As the Fed heads into its third meeting of the year, without having fulfilled one of the expected federal funds rate increases, many in the industry are beginning to question if, when, and how many times they will make their move.
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