Economy

The bond-market selloff unleashed by Donald Trump's presidential victory last week ended almost as quickly as it began. 

Origination volumes grew across nearly all sectors of commercial real estate on both a quarterly and yearly basis, according to the Mortgage Bankers Association.

The post-election spike in the 10-year Treasury yield could translate to higher rates for the 30-year fixed rate mortgage in the short term.

Yields on both 10-year and 2-year Treasurys moved significantly higher after the Trump election victory and that's bad news for mortgage rates going forward.

The median age of a first-time buyer reached a record of 38 — about a decade older than in the 1980s.

Mortgage professionals are focusing on housing policies and the Federal Reserve this November.

Economists cautioned that October's employment report may not provide a fully accurate representation of the economy due to recent hurricanes.

Mortgage rates rose for the fifth consecutive week, to their highest level since August, although they remain more than a full percentage point lower than one year ago.

The report card for the world's largest economy illustrates solid momentum in domestic demand as the Fed began unwinding its tightest monetary policy program.

Despite the increase, the index level remains historically low, going back more than two decades as many prospective buyers still await a decline in mortgage rates.