Purchase mortgage demand picks up for the 4th week in a row to highest level since January as rates continue a post-election retreat that could have legs: MBA survey
One of the most appealing aspects of the $14K tiny home is its modern, modular design, which is easy to assemble and highly customizable to suit the homebuyer's preferences and lifestyle
Applications for purchase loans jumped 12% week over week and 52% from a year ago as rates dropped to 6.86%, according to a weekly survey of lenders by the Mortgage Bankers Association
Applications for purchase mortgages were up 2% last week when compared to the week before, but down 1% from a year ago, according to MBA weekly lender survey
Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year
Title insurers have waged a protracted PR and lobbying campaign opposing the pilot program and other title insurance alternatives endorsed by the Biden administration and consumer groups
Private mortgage insurers are hoping to head off a repeat of the 35% reduction approved by the Biden administration last year, which is projected to save homebuyers $5.1B over 10 years
Rating agencies are keeping a close eye on whether politicians in the nation's polarized Capitol will rise to challenges including the $34.8T national debt, debt ceilings and inflation
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
Potential real estate clients are growing less responsive to mortgage-rate dips, one of several key takeaways from the results of the latest Inman-Dig Insights consumer survey
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
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
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
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