Powell: ‘The best thing we can do for housing is to succeed in getting inflation down to 2%’

As expected, Federal Reserve Chairman Jerome Powell did not set a timeline for lowering interest rates…

Housing affordability reaches lowest point in more than three decades: First American

Affordability in the housing market is as bad as it’s been in more than three decades…

Mortgage applications dropped as rates moved higher last week: MBA

Mortgage applications declined by 2.6% on a seasonally adjusted basis during the week ending June 28,…

Lower rates fuel growth in mortgage application volume: MBA

Mortgage demand ticked up last week as interest rates declined for a third week in a…

Mortgage rates continue to trend down ahead of inflation report 

As the U.S. reaches its peak homebuying season, mortgage rates continue to ease week over week. …

Peak homebuying season is clouded by mixed signals

All in all, you can see how effectively 7% mortgage rates have slowed the housing market.…

Mortgage rates stabilize prior to Friday’s jobs report

Mortgage rates remained stable this week as the personal consumption expenditures (PCE) inflation report matched economists’…

Higher-than-expected inflation reading cools mortgage demand: MBA 

Mortgage demand receded after the release of a stronger-than-expected inflation reading last week. Mortgage applications decreased…