Federal Reserve Board Chair Jerome Powell has reinforced the Fed’s intent to accelerate its tapering actions, resulting in an upward climb in mortgage rates. Here’s what else Freddie Mac’s latest Mortgage Market Survey reveals.
Read More »Lenders Reported Less Demand Across All Loan Types
As interest rates rise, demand for both purchase and refinance mortgages begin to wane.
Read More »Majority of Americans Struggling With Housing Payments
Many are finding themselves sacrificing meals, scraping by, and getting additional jobs in order to afford housing payments in the U.S.
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 »The Best Tiny Home Markets in the Nation
Demand has accelerated for this unique way of living, as both first-time home buyers and property investors are seeking to take advantage of affordability.
Read More »Rate Locks Down Nearly 5% Overall in November
The latest Originations Market Monitor from Black Knight Inc, shows a big slowdown in momentum in November as rate lock volumes fell across the board, driven by rate/term refinance originations dropping ...
Read More »Remote Work Shifts Buying Habits in 2021
As workers increasingly can work online, people have fled the cities—and set a number of housing market records along the way.
Read More »The Week Ahead: How Will the Housing Market Exit 2021?
HUD and the Census Bureau are set to release their new residential construction data, a gauge of how the market will close out Q4 as the supply/demand struggle continues.
Read More »How Much Equity Have Homeowners Gained This Year?
Homeowners have seen their equity grow in excess of 30% over the last year, giving some borrowers a crutch against foreclosure.
Read More »How Many Mortgage Holders Missed Their October Payments?
It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and ...
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