In his second Congressional Testimony, Fed Chair Jerome Powell gave an upbeat assessment of the U.S. economy and an outlook on the Fed’s monetary policy. Here are the details.
Read More »Is Home Affordability at Breaking Point?
A new report indicates that the combination of rising home prices and interest rates have substantially impacted home affordability. Is this a sustainable trend? Click through to learn more.
Read More »Predicting the Housing Market and Economic Health
Where is the housing market headed and what trends are emerging? Experts weighed in with some interesting answers in a recent survey.
Read More »Mortgage Rates Approach 2011 Levels
Interest rates touched a seven-year high impacted by movements in the bond markets. How will these changes affect the homebuying season?
Read More »An Uptick in Purchase Loans
Despite a tough home buying market and rising rates, April saw an increase of purchase loans that were closed according to a report. What are the factors likely to impact these numbers going into summer?
Read More »“Roughly Balanced”: Federal Open Market Committee Examines Economic Outlook
The Federal Reserve kept interest rates unchanged after the latest FOMC meeting, but what does this mean for the mortgage landscape as inflation creeps closer to the Fed’s target?
Read More »What Defined Strong Mortgage Originations in March?
Mortgage loan originations showed a strong close for the first quarter as borrowers took more chances on the back of continued growth in interest rates, a report found.
Read More »Worries Over Interest Rates and Supply Have Industry on Alert
Today’s rising interest rates have some market participants concerned, according to Moody’s Investors Service. The survey reports that crimped housing supply, coupled with the higher cost to borrow, is ...
Read More »Tapping into Home Equity
Tappable home equity is at the highest it has ever been according to Black Knight Inc.’s latest Mortgage Monitor Report for February, released on Monday. According to the ...
Read More »Mortgage Rates Surge
Mortgage interest rates on conventional purchase-money mortgages increased in February from the month prior according to data from the Monthly Interest Survey released by the Federal Housing Finance ...
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