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Cleveland Fed president says the central bank is still raising rates to a level that's high enough to bring inflation down to the target.

Some markets, along with certain houses, will be very competitive, although affordability remains an issue, a report from the company concluded.

Residential starts decreased 4.5% last month to a 1.31 million annualized rate, according to government data released Thursday.

The company's shares jumped after it reported quarterly revenue that wasnhelped by a better-than-expected period for its core advertising business.

Non-depositories now dominate home lending, but many of these firms were untested until they had to grapple with the current rising rate environment. How they fare could significantly impact the rest of the mortgage market and, more specifically, the Government National Mortgage Association.

The company had asked that the case be dismissed given its similarity to previously settled claims. It's weighing an appeal.

Many players in the segment appear to be holding back on plans amid concerns about falling prices and rents, according to Redfin.

All six companies were profitable in the fourth quarter and the full year, but had far less new volume than in 2021.

Things turned sour soon after the sides agreed to a two-year, $6 million deal in late 2021, in which the mortgage company's logo would appear on a stock car during eight races, among other perks.

Average purchase sizes have increased each week this year, likely signaling greater buyer activity occurring toward the higher end of the market.