Homebuyers get cold feet as mortgage rates rebound
Mortgage rates are climbing back toward 7% on fears that tariffs could reignite inflation, but Fed Chair Jerome Powell warns policymakers would be challenged if unemployment also rises
by Matt Carter Apr 16
Does your 'date-the-rate' advice constitute deceptive advertising?
CEO and new Inman contributor Jillayne Schlicke explains how common phrases around financing and interest rates can land you and your business in hot water
by Jillayne Schlicke Jan 30
RE/MAX CEO examines alternative paths to homeownership
RE/MAX CEO Nick Bailey says it's time to change the narrative on homeownership through education and solutions-oriented service
by Nick Bailey Jan 10
Soaring rates baffle economists, frustrate housing leaders
Economists are scratching their heads, and housing industry leaders are venting their frustrations as mortgage rates continue a relentless climb to new heights not seen in more than 2 decades
by Matt Carter Oct 4
Mortgage demand fades as buyers watch rates hit 2-decade high
Fed's 'higher for longer' rate strategy drives yields on long-term Treasurys higher, and mortgage rates follow to highest levels in over 20 years, MBA lender survey shows
by Matt Carter Sep 27
Are ARMs and 40-year mortgage loans good deals for buyers?
Opinion
Focusing exclusively on monthly payments can mean borrowers lose sight of the advantages, and drawbacks, of various loan products
by Bernice Ross May 30
Mortgage demand hits lowest level since 1997 as rates continue to rise
Thirty-year, fixed-rate loans hit 6.982% on Oct. 13, a new 2022 high, according to an Optimal Blue Mortgage Market index. According to an index by Mortgage News Daily, rates were at 7.15%
by Matt Carter Oct 19
Mortgage demand stalls as rates climb toward 7% on Fed moves
Rates for borrowers with credit scores below 680 making down payments of less than 20 percent climbed past 7% on Monday, according to Optimal Blue
by Matt Carter Sep 28
Demand for refinancing ticks up slightly as mortgage rates plateau
Purchase loan applications continue to be weaker 'due to the combination of much higher mortgage rates and the worsening economic outlook,' said MBA forecaster Joel Kan
by Matt Carter Jul 13
Homebuyers showing 'some resiliency' to higher rates
Demand for purchase mortgages increases for a second week in a row, but borrowers are increasingly turning to adjustable-rate loans
by Matt Carter May 11
Housing affordability races toward levels not seen since 2006 bubble
If mortgage rates rise by another half a percentage point — or if home prices go up another 5% — affordability will hit the worst levels on record, Black Knight warned on Monday
by Matt Carter May 2
Mortgage rates climb to highest level since 2009
Demand for purchase mortgages was down 17 percent last week compared to the same time a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association on Wednesday
by Matt Carter Apr 27
It's the end of the road for LIBOR mortgages
Regulators spell out rules for transitioning ARM borrowers to other indexes by 2023
by Matt Carter Dec 7
55 real estate terms you better know in this market
Brand new agent or an industry veteran, there are some words and phrases that frequently crop up. We've chosen 55 terms to create an easy-to-use glossary you'll return to again and again
How to begin financing investment properties
Turning homebuyers into investors can mean more financial security for them and more business for agents. But especially less-experienced investors may need help getting started
by Jim Dalrymple II Jul 15