Home sales seen as immune from economic pessimism
Increasingly negative consumer sentiment not seen as immediate threat to home sales, as homebuyer demand continues to outpace available listings
by Matt Carter Nov 8
Fed tapering starts now, markets unfazed
Powell says Fed will finish draw down of the support it's provided to mortgage rates during the pandemic by June
by Matt Carter Nov 3
Fed chair restates support for gradual tapering
10-year Treasury yields, a barometer for mortgage rates, fall as Federal Reserve Chairman Jerome Powell says there's no rush to raise interest rates
by Matt Carter Oct 22
Home sales predicted to close out 2021 with surprising strength
Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7%, to 6.8M
by Matt Carter Oct 15
Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears
The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks
by Matt Carter Oct 15
Homeowners slam brakes on refinancing as mortgage rates rise
Prospect of higher monthly mortgage payments for homebuyers and impact on affordability also a concern, according to an analysis of mortgage pipeline data by Black Knight
by Matt Carter Oct 10
Mortgage rates hold steady following late-September spike
Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board
by Daniel Houston Oct 7
Home prices could ‘moderate’ if mortgage rates keep rising
Rates for 30-year mortgages jump 13 basis points in one week as investors weigh prospects for inflation, Fed tapering
by Daniel Houston Sep 30
Demand for mortgages cools as rates bounce back to July levels
Increase in conventional refinance requests could be a sign that borrowers are reacting to higher rates
by Matt Carter Sep 29
Sustained surge in mortgage rates could dent home sales
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
by Matt Carter Sep 28
Mortgage rates continue to flatline ahead of Fed tapering details
Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve's tapering plans
by Daniel Houston Sep 24
Image of federal building to symbolize Trump tells Cook to resign
Latest policy stance sets the stage for the Federal Reserve to start scaling back debt purchases in November
by Matt Carter Sep 22
Fall housing outlook: Cooling prices, tighter inventory, less competition
As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight
by Lillian Dickerson Sep 22
Home sales will cool off for the rest of this year and next: Fannie Mae
Projected growth in new home sales wouldn't offset expected drop in existing home sales
by Matt Carter Sep 20
Demand for mortgages retreats to July levels
In what could be a preview of what's in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago, according to the MBA
by Matt Carter Sep 8