Economy

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.

August's Corelogic S&P Case-Shiller Home Price Index was down 0.13% versus July, affected by tougher housing markets in the South and West.

Homebuilder stocks are tumbling Tuesday, down as much as 7.8%, after D.R. Horton delivered a 2025 revenue forecast that failed to meet Wall Street's expectations.

While the recent upward movement has dampened borrowing activity, housing researchers reported encouraging signs for business this fall.