Federal Reserve policymakers anticipate 3 rate cuts by the end of next year, but investors and some economists think the central bank may cut faster and harder, with relief by spring
Demand for purchase mortgages has picked up in 5 out of the past 6 weeks, and applications to refinance have roared back, jumping 27% from a year ago, MBA survey shows
Employers added 199,000 workers to their payrolls in November, a sign that the economy may achieve a soft landing but making Fed spring rate cuts less likely
Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances
Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as 3 new reports released this week suggest the economy is, in fact, losing steam
Rates keep falling as fresh data pours in, with investors who fund most mortgages still convinced the Federal Reserve will begin lowering rates in the spring to avoid strangling the economy
Demand for purchase loans picks up for 4th consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides
Fannie Mae said that computer vision enabled them to identify appraisal defects much more efficiently than other processes, including many that were previously impossible to triage
Annual home price appreciation of 5.5% pushes FHA loan limits up to a minimum of $498,257 in affordable markets and to a ceiling of up to $1.72M in high-cost states like Alaska and Hawaii
Surge in Q3 home prices pushes mortgage giants' conforming loan limits in high-cost housing markets to $1,149,825 for single-unit properties, and up to $2,211,600 for 4-unit properties
Two closely watched forecasts agree that mortgage rates have probably peaked, but the MBA and Fannie Mae diverge sharply on how quickly they'll come down over the next 2 years
Monthly Fannie Mae survey shows homebuyer pessimism hitting a new high last month, but a broader index aimed at capturing overall housing market sentiment actually improved
After breaching 8% in mid-October, 30-year fixed mortgage rates have plummeted to levels not seen since September as more investors expect Fed policymakers to lower rates in the spring
Since announcing a $30M Series A funding round last year, Vesta has added partners and integrations at a rapid clip, including Willow Servicing, a cloud-based mortgage servicing platform
Demand for purchase mortgages hit the lowest level since 1995 last week, but relief could be in sight after Federal Reserve policymakers elected not to hike short-term rates on Wednesday