Mortgage rates

The Mortgage Bankers Association sees rates rising over the next two years, while Fannie Mae expects the average to remain under 3%.

Homes in some parts of the country spent as little as 20 days on the market, while the U.S. housing supply hit just 1.7 months in October, according to Remax.

Homebuilder confidence jumped in November, hitting another record high as buyers swarmed sales offices to take advantage of the lowest mortgage rates in history.

Rates could be 50 basis points steeper than the MBA’s current projections, which anticipate the 30-year mortgage will average 3.3% next year, up from nearly 3% this year.

The number of bidding wars increased for the sixth consecutive month, as Salt Lake City remained the most competitive housing market, according to Redfin.

Facing a slim inventory of existing homes for sale, Denver buyers are snapping up new homes at the fastest pace in the country, a rebound so strong that it has caught local builders off guard.

Mortgage rates moved off of their all-time low this week as a result of reports that Pfizer's coronavirus vaccine was potentially 90% effective, according to Freddie Mac.

Mortgage applications decreased 0.5% from one week earlier as inadequate housing supply is putting upward pressure on home prices and affecting purchase activity, according to the Mortgage Bankers Association.

With the 10-year Treasury yield getting a boost due to Pfizer’s COVID-19 vaccine news this week, KBW predicts insurers and title underwriters will fare best as recovery continues.

A number of unknowns about the election and the coronavirus response kept consumer confidence in check, according to Fannie Mae.

Problems with self-service tools and inconsistent communication have damaged consumer perception of their lender, J.D. Power said.

Bay Area homebuyers shook off any lingering reservations about shopping during the coronavirus pandemic, driving median sale prices up nearly 20% in September in a tight housing market.

Also: Waterstone Financial hires its fourth head of mortgage in two years.

The new record in third-party originator hiring numbers adds to indications that some lenders have been leaning harder on the wholesale channel to address capacity issues amid the origination boom.

Mortgage rates are currently the lowest in the history of Freddie Mac’s survey, but sharp differences of opinion persist on whether that will make this a $4-trillion year or not.

More borrowers between 21 and 40 are leveraging the historically low mortgage rates to either buy their first homes or slash their monthly payments, according to Ellie Mae.

Smaller lenders should consider positioning themselves for acquisition at a time when they can be making the most money.

Record low mortgage rates and a flurry of buyers on the hunt for home offices and more space helped boost homebuilding on the eve of the presidential election.

With a dearth of inventory, September generated the largest price growth in the housing market since May 2014, according to CoreLogic.

A gauge of pending home sales unexpectedly declined in September for the first time in five months, a sign elevated asking prices and lean supply are tempering the boom in housing despite the record-low interest rates.