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Further upward pressure is likely this spring, as markets prepare for expected reduction of bond purchases by the Fed.

Minutes of the Federal Reserve's March meeting released Wednesday also showed that “many” officials viewed one or more half-percentage-point rate increases could be appropriate going forward if price pressures fail to moderate.

Refinances now also make up less than 40% of new applications, with numbers at their lowest since 2019, according to the Mortgage Bankers Association.

Private equity firms have been weighing bids for the tech provider, according to people familiar with the matter.

Consumer advocates and fintechs say the traditional credit score and lending systems that use it are murky and perpetuate bias. FICO’s leader points out that new FICO scores use expanded data sets, just as fintechs do.

The real estate franchisor's stock price fell by $16.85 per share since the deal was announced in January, making it a less attractive currency.

But the share of homes purchased by those under age 30 has fallen steadily after peaking in 2020 as prices accelerated.

The 30-year average passed the 4.5% mark for the first time since January 2019 as the labor market tightened and prices rose.

But the sluggish pace of refinances brought down overall application numbers last week.

Wells Fargo won an early round in a lawsuit accusing the bank of running a predatory mortgage lending scheme in the Atlanta area before the 2008 financial crisis and continuing to discriminate against minorities for more than a decade afterward.