Demand for mortgages hits lowest level since 2000
Decline in purchase applications aligns with slower homebuilding activity due to reduced buyer traffic and ongoing building material shortages, according to the Mortgage Bankers Association
by Matt Carter Jul 20
Why super long mortgages won't be a thing, and why that's good news
Longer loans, including a 50-year concept recently floated in the UK, are sometimes framed as a way to improve housing affordability. But the experts aren't convinced
by Jim Dalrymple II Jul 15
Compass stock, market cap tumbles to new low
The company's shares ended Monday trading at $10.74, down significantly compared to when they debuted about 6 months ago. The drop reduced Compass' valuation to $4.2B
by Jim Dalrymple II Oct 11
Connecting with Keller Williams' CEO: On inventory and an IPO
KW CEO Carl Liebert hinted at Keller Williams' progress toward a stock market debut and talked about how the pandemic will change the industry
by Jim Dalrymple II Jun 7
Fed maintains commitment to not raising interest rates
'The ongoing public health crisis continues to weigh on the economy, and risks to the economic outlook remain,' said the Federal Reserve Open Market Committee
by Matt Carter Apr 28
Fed expects stronger economic recovery to come
During the Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals are met
by Kelsey Ramírez Apr 7
How low will it go? 2020 was the year of record-low mortgage rates
Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021?
by Patrick Kearns Dec 31
Fed, Treasury launch $600B small business loan program
The Main Street Lending program will provide four-year loans to businesses with fewer than 10,000 employees
by Patrick Kearns Apr 10
Rates plunge upon December manufacturing surprise, and a new year's forecast
Opinion
Economics, not politics, impacts the bond markets the most
by Lou Barnes Jan 3
2019 and beyond: A look back
Opinion
Leaders of federal administrations always take credit for roaring economies, but the reality is more complex
by Lou Barnes Dec 27
Fed conference draws harsh reaction from Trump and China
Opinion
Financial markets are moving fast, and interest rates are still falling
by Lou Barnes Aug 27
Yield curve inversion fears are overblown
Opinion
Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time
by Lou Barnes Aug 19
Did Fed know tariff threat was coming before it cut rates?
Opinion
In the time since Donald Trump's tariff announcement Thursday, low-fee mortgages have fallen below 4%
by Lou Barnes Aug 5
The Federal Reserve building
The Federal Reserve cut interest rates for the first time since the recession. Will mortgage rates dip further?
by Patrick Kearns Jul 31
Fed probing into cash deals over $300K to prevent fraud
The Financial Crimes Enforcement Network has been investigating real estate money laundering since January 2016
by Lew Sichelman Nov 28