Jerome Powell, the chair of the Federal Reserve, said on Thursday that the U.S. economy is…
Tag: mortgage rates
Mortgage applications rise slightly, reversing a recent trend
For the first time in seven weeks, mortgage demand rose as applications were up 0.5% during…
Homeowners with ultra-low mortgage rates ‘saved’ $600B, offset Fed hikes: Swiss Re Institute
Mortgage market conditions presented over the past two years have muted the effectiveness of the monetary…
Home price growth slows to lowest level since January 2023: Redfin
U.S. home prices are growing at their slowest pace in nearly a year and a half,…
Originators cannot afford to play the interest rate waiting game
Record-high home prices and elevated interest rates have weighed down mortgage markets. The Federal Reserve signaled…
Borrowers could save $76K over mortgage lifetime by shopping: LendingTree
Shopping around for a mortgage could prove beneficial for borrowers looking to save money, particularly in…
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. …
Key housing markets are starting to buck national trends: Redfin
Even as the median U.S. home sale price remains near record highs and supply stays constrained…
Low-rate mortgages are making a dent in job recruitment efforts
Job recruiters in the South are facing hurdles to attract skilled professionals from the Midwest despite…
Spring forecast: More inventory and rising home sales
Pending sales Last week saw 69,000 new contracts for single-family home purchases across the country. There…