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Potential home buyers may be holding back in anticipation of lower rates to come in the second half of the year, the Mortgage Bankers Association said.
March 27 -
But home prices declined from December, both the Federal Housing Finance Agency and S&P CoreLogic Case-Shiller found, a possible precursor to a cooling market.
March 26 -
The 30-year fixed rate mortgage, the movements of which have been volatile in recent weeks, is expected to stay in the range of 6.5% for the first half of the year before trending down, Freddie Mac said.
March 25 -
Instability in mortgage rate movements should continue in the weeks ahead, even with Fed Chairman Jerome Powell's comments on inflation.
March 21 -
The figures indicate the resale market is breaking out of a protracted slump due to high mortgage rates that discouraged homeowners from moving.
March 21 -
Rates won't fall far enough to drive meaningful mortgage volume gains this year, according to a Fitch Ratings analyst.
March 20 -
Fannie Mae's latest forecast now predicts rates to be half a percentage point higher, and volume to be $1.5 trillion lower than previously expected in 2024.
March 19 -
U.S. residential starts increased 10.7% in February, the largest since May, to a 1.52 million annualized rate, government data released on Tuesday disclosed.
March 19 -
Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering to a higher-for-longer reality and a murky path forward for the market.
March 17 -
The average 30-year fixed mortgage rate for conforming loans fell, according to Freddie Mac, even as the 10-year Treasury yield rose nearly 18 basis points from the start of this week.
March 14