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In spite of an improving economy, acute competition and supply scarcity soured homeshoppers on the purchase market in April, according to Fannie Mae.
May 7 -
Promising jobs numbers and favorable economic data are an encouraging sign for the post-pandemic future, but rising interest rates are sure to follow.
May 6 -
Depressed Treasury yields have kept mortgage rates under 3% recently, but positive economic news could indicate larger increases will follow this week’s uptick.
April 29 -
Inflation, an improving economy and the increased federal budget deficit make rate increase inevitable this year, the Mortgage Bankers Association said.
April 22 -
While it’s the third straight week of a downward trend, borrowers likely have only a brief opportunity to take advantage of sub-3% rates before a reversal comes.
April 22 -
Rising cases and vaccine issues caused bond yields to fall, but inflationary pressures will likely reverse that course.
April 15 -
Vaccinations and a third round of stimulus payments are boosting consumers views on the housing market, according to Fannie Mae.
April 7 -
After two straight months on an upward trajectory, rising interest rates pushed homebuyer demand down to a third of where it stood at the start of 2021, according to Freddie Mac.
April 1 -
But the 10-year Treasury yield began backing down after the weekend as investors reacted to turmoil in Europe.
March 25 -
From offering operations folks big bonuses to grooming recent grads, lenders are getting creative in their efforts to manage staffing throughout the boom-bust cycle.
March 22