October Consumer Price Index report isn't having a big impact on mortgage rates, as investors who fund most home loans doubt the Fed will have much room to bring rates down next year
Move was anticipated by investors that fund most home loans, who have been driving up mortgage rates over concerns about inflation and pace of future Fed rate cuts
Housing market sentiment rose in October to the highest level since February 2022, but 8 in 10 consumers still said it was a bad time to buy: Fannie Mae survey
Appetite for bonds wanes as investors pile into the stock market and assess whether Donald Trump's return to the White House will fuel more government borrowing and reignite inflation
Windermere’s Principal Economist Jeff Tucker looks at how recent events have impacted the October jobs report and what it means for the economy
Hurricanes and strikes were expected to dent job creation, and bond market investors are looking ahead to next week's election, Fed meeting and government bond auctions, analysts say
Mortgage rates inch up as an expected decline in key inflation gauge does little to change expectations for Fed rate cuts among investors who fund most home loans
Relief would be good news for would-be homebuyers, although purchase loan applications are still up 10% from a year ago as mortgage rates hit highest levels since July, MBA survey shows
'Bond vigilantes' figure 'no matter which party wins the White House and the Congress, fiscal policies will bloat the budget deficit and heat up inflation,' Wall Street veteran Ed Yardeni warns
Windermere’s Principal Economist Jeff Tucker looks at September’s ‘disappointing’ existing-home sales report and discusses some of the factors impacting the numbers
Demand for mortgages is at the lowest level since July, although MBA survey shows purchase loan requests are up slightly from a year ago when rates were headed for post-pandemic highs
Another worry for bond market investors is quantitative tightening, the Fed's program to trim its massive holdings of government debt and mortgage-backed securities
Fannie Mae economists say surprising strength of the US economy means home prices are likely to keep rising, and mortgage rates may not come down as quickly as previously expected
Inflation, combined with September’s strong jobs report, suggests the Fed might be rethinking how quickly to cut the Federal Funds Rate, says Windermere’s Principal Economist Jeff Tucker
Demand for purchase mortgages fell by a seasonally adjusted 7% last week, and requests to refinance were down 26% as mortgage rates continued to climb, MBA survey finds