Cooler inflation data sends mortgage rates lower
On Tuesday, the Consumer Price Index (CPI) data came in cooler than expected, and the bond market loved it, driving mortgage rates lower. Where do we go from here? Headline… Read more »
On Tuesday, the Consumer Price Index (CPI) data came in cooler than expected, and the bond market loved it, driving mortgage rates lower. Where do we go from here? Headline… Read more »
Gremlin | E+ | Getty Images There’s often a chasm between theory and practice, what we should do and what we actually do. Yet, when it comes to the long-held… Read more »
New homes at the Cielo at Sand Creek by Century Communities housing development in Antioch, California, U.S., on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images… Read more »
The Mortgage Bankers Association‘s (MBA) Builder Application Survey (BAS) data for January 2023 shows that mortgage applications for new home purchases decreased 3.5% compared to a year ago. Compared to December 2022, applications increased by 42%. This change does not include any adjustment for… Read more »
Hot is just one of the words you could use to describe the housing market over the last two years, with demand significantly outpacing supply, which had a major impact… Read more »
In yet another sign demand is beginning to return to the market, rate lock volumes rose 32% in January 2023 driven in part by the slow decline in mortgage rates,… Read more »
The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) today published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO)…. Read more »
The latest Mortgage Monitor Report published by Black Knight’s Data and Analytics division revealed that despite home price correction occurring in many markets nationwide, the pace of declines has slowed… Read more »
Student loan borrowers can now apply for up to $20,000 in one-time loan relief after the U.S. Department of Education (DOE) launched a beta application. The DOE said it started… Read more »
New research conducted by First American has found that as mortgage rates have steadily risen (and look to continue this trend based on commentary from the Federal Reserve’s Open Market… Read more »