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
Demand for purchase loans fell 1% last week compared to the week before, and was down 41% from a year ago, according to a new Mortgage Bankers Association survey released Wednesday
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
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
Regulators spell out rules for transitioning ARM borrowers to other indexes by 2023
The benefits and risks associated with borrowing at compressed rates
Demand for purchase loans up 9 percent from year ago
Demand for purchase loans up 5 percent from year ago
Latest numbers suggest US job market stabilizing
Commentary: Rigging workhorse rate was stupid, and the stupid should resign
Rates on 10- and 15-year mortgages now in the 2s
Demand for purchase loans down 17.9% from a year ago
Fixed-rate mortgages also near bottom for 5th straight week
Demand for home loans remains weak
30-year fixed-rate falls for second time in eight weeks