Mortgage Applications Begin to Thaw for Spring
Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications...
Economy
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94%...
Inflation Data Raises Hope for Rate Cuts Despite ‘Wonky’ Blip
No news appears to be good news as far as inflation data goes, with investors celebrating as the Federal Reserve’s...
Mortgage Applications Continue to Slump
Mortgage applications decreased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications...
ICE First Look: January Mortgage Delinquencies Drop to Lowest Level Since October
Good news for homeowners: Mortgage delinquencies are on the decline, dropping to their lowest point since October 2023, according to...
Mortgage Rates Near 7%
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s...
Leading Index: ‘No Recession in 2024’
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4% in January 2024 to 102.7, following a...
Consumer Sentiment Continues to Warm in February
Consumers' feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan....
Builder Confidence Rises for Third Consecutive Month
Continuous rate pauses from the Fed coupled with cooling mortgage rates have homebuilders feeling more and more positive, according to...
Economists Weigh in on the Future of First-Time Buyers
Although we're in the midst of a market correction, the future of the housing market is still up in the...
4 Vital Metrics to Assess Your Team’s Business
Though many have tried, no one has yet succeeded in turning the practice of buying and selling homes into an equation that can be worked out and solved on paper. Read more.
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