Economists are scratching their heads, and housing industry leaders are venting their frustrations as mortgage rates continue a relentless climb to new heights not seen in more than 2 decades
ICE teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs
Co-founder of Countrywide Financial cast himself as the leader of revolution to expand access to mortgage lending but became the public face of the subprime mortgage collapse
Fannie Mae economists say downturn won't rival the 2008 financial crisis, but jumbo mortgages and construction loans could get scarce if small and midsized regional banks tighten
Mortgage rates expected to ease even as Fed vows to continue 'quantitative tightening' that's trimming mortgage holdings by $35B a month
The unusually wide 'spread' between 10-year Treasury yields and 30-year fixed-rate mortgages means mortgage rates could have more room to come down
Struggling mortgage lender also assures investors that it has moved $225M in cash it held at Signature Bridge Bank to another institution
Bank failures and slowdown in wage growth have forecasters thinking the Federal Reserve will back off from aggressive rate hike campaign when it meets next week
Former Rocket Mortgage CEO Bill Emerson will serve as the company's interim CEO and fill the board vacancy while its board of directors conducts a search for a permanent leader
Strong job numbers spark fears that the Fed will need to stick to its guns and continue to raise rates and keep them elevated for some time to fight inflation
Fed Chair Jerome Powell is telegraphing one more small adjustment in March, but some bond market investors think rate hike campaign may now be over
50 basis points 'is still a historically large increase and we still have some ways to go,' Fed Chairman Jerome Powell warns after policymakers wrap up final meeting of the year
Mortgage investors have been demanding higher yields because of fears of prepayment risk if the loans they're funding now are refinanced when rates fall
Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to MBA lender survey
Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be refinanced if rates drop