Lenders are pouring money into AI, Redfin's Daryl Fairweather said. As a result, there's less capital leftover for loans on everyday items
Help buyers understand the long-term impact of a real estate purchase instead of getting hung up on short-term market challenges, Luke Babich writes
Inflation rose at an annual rate of 2.7% in December, leading many to believe the Fed will hold rates steady this month. But if market conditions cool, a March rate cut may be in the cards
Jerome Powell issued a warning on Sunday that the Fed's independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank by the DOJ
Applications for purchase mortgages drops for a 5th consecutive week to the lowest level since October as mortgage rates continue to hover above 6%, MBA lender surveys show
Economist Doug Duncan weighs in on the challenges facing economic forecasters today, cutbacks in economic reports produced by Fannie and Freddie, Fed independence, and more
The next Fed chair may be more receptive to the president's calls for rate cuts, but they'll have to convince other central bank policymakers to give up their independence
Despite an unusually active fall market this year, the housing market has finally settled into a slower pace for winter and returned to seasonal norms
Homebuyer demand is still stronger than a year ago, but seasonal shifts have pushed the mix of business toward refinancing, which accounted for 59% of loan applications last week
Initial unemployment claims hit highest level since September, and Federal Reserve Chair Jerome Powell warns official data could be overestimating job creation by up to 60K jobs a month
The 9-3 split vote reflects differing views on whether the central bank's biggest worry is inflation or rising unemployment, with data lagging after the government shutdown
While a Dec. 10 Federal Reserve rate cut is now seen as a lock, MBS investors who fund most home loans aren't as bullish that the central bank will cut rates aggressively in 2026
Demand for purchase loans hit a new 2025 high last week after adjusting for the holiday, with mortgage rates near a low for the year and a Dec. 10 Fed rate cut on tap
Applications for purchase mortgages hit a seasonally adjusted 2025 high last week, with FHA, VA, and USDA applications for less pricey homes driving the surge, MBA lender survey shows
The latest numbers from the Case-Shiller Index show weak price growth in September, with significant regional variation. One expert even warned of 'outright decline' in some markets