Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
Tag: Mortgage Rate Increases
Mortgage Mix: Rates Rebound, Rocket Loses CEO
-After falling to start the year, mortgage rates rose for the second consecutive week—up to 6.32%. The National Association of ...
Wells Fargo Announces Large-Scale Withdrawal From Mortgage Market
In a long-telegraphed move by the once preeminent mortgage lender, Wells Fargo this week announced a series of “strategic plans” ...
Along With Smaller Rate Hike, Fed Projects Some Additional Pain in 2023
Following more than two months of (generally) good news on inflation, the Federal Reserve appears ready to begin scaling back ...
Mortgage Mix: Houston, We Have 7%
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. -Freddie ...
Existing-Home Sales Decline, but Prices Remain Resilient
Annualized existing-home sales continue to fall, with last month heralding a slower autumn season as the housing market appears headed ...
‘Carnage’ Ahead as Broker Confidence Slips Further
Real estate leaders surveyed by RISMedia see opportunity—and plenty of hardship—in the current market.
More Data Shows Core Inflation Resisting Fed Hikes
With the Federal Reserve showing no signs of letting up in its ongoing crusade of interest rate hikes, the latest ...
Prices Slow, Foreclosures Jump as Pullback Continues
Home-price growth slowed at the fastest rate on record in June, according to the latest data from mortgage analytics company ...
Pet Peeves: How to Tame All Kinds of Animal Issues in Homes for Sale
When selling a home, the agent’s responsibility is to make sure the place shows as pet-neutral as possible. Read more.
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