Homebuyer sentiment ticks up for the first time since March
Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale
by Matt Carter Sep 7
Fed says it wants to see job numbers before tapering
Stock, bond markets breath a sigh of relief that Fed doesn't plan to abruptly withdraw stimulus
by Matt Carter Aug 27
Lenders hold firm on mortgage rates after Fed dust settles
Rates remain near historic lows despite Fed's willingness to consider tapering mortgage purchases this year
by Daniel Houston Aug 26
Ahead of Fed tapering reveal, mortgage lenders kept rates steady
Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac's lender survey
by Daniel Houston Aug 19
Healthy jobs report drives up mortgage rates for first time in weeks
Mortgage rates on 30-year loans rose this week for the first time in over a month after the latest jobs report came in better than expected
by Daniel Houston Aug 12
Fed will keep buying $40 billion in mortgages every month
As Fed's balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic
by Matt Carter Jul 29
If home prices don't cool, watch for Fed tightening and rising mortgage rates
Fannie Mae economists warn rising rents and record home price appreciation could help fuel inflation
by Matt Carter Jul 19
What on earth is going on with lumber prices?
Opinion
Even though lumber prices have ticked down a bit recently, they're still drastically up from where they were last year. So, what's happening?
by Andrew Syrios Jul 13
Rising home prices may be crimping demand for purchase mortgages
Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out of the market
by Matt Carter Jun 30
Mortgage rates continue to ease despite inflation worries
Markets concur with the view that inflation increases are temporary: Freddie Mac
by Matt Carter Jun 17
Fed will keep buying mortgage bonds — for now
Tapering could happen sooner rather than later, with most policymakers open to short-term rate hikes in 2023
by Matt Carter Jun 16
Mortgage rates retreat from 3% threshold
Support builds at the Fed to at least begin discussions on when to taper mortgage bond purchases, which have kept have kept long-term interest rates low
by Matt Carter May 27
Mortgage rates settle in, hovering around 3%
So far, bond markets are taking the prospect of Fed tapering of monthly purchases of $40B in mortgage-backed securities and $80B in Treasuries in stride
by Matt Carter May 20
Inflation concerns not reflected in latest mortgage rate survey
A weekly Freddie Mac survey doesn't fully reflect new data that's pushed rates up this week on inflation worries
by Matt Carter May 13
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