Purchase loans were up 5% last week and applications by homeowners to refinance existing mortgages were up 0.4% week over week, according to the Mortgage Bankers Association
For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter 'mature state of the business cycle,' with the risk of another recession moving into focus
Second straight week of increases in purchase loan applications following rate reversal suggests stronger sales activity in the weeks to come, according to the Mortgage Bankers Association
Rates on 30-year fixed-rate conforming mortgages followed Treasury yields up Wednesday, climbing 7 basis points to 3.21%
A monthlong upswing in mortgage rates came to a halt in the past 2 weeks, with rates for 30-year loans retreating back below 3 percent
Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com shows
Requests to refinance accounted for almost two-thirds of all mortgage applications during the week ending Nov. 5
Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to negatively impact prices. Windermere Chief Economist Matthew Gardner explains why
Net income down 77% from a year ago, when refinancing boom drove higher profit margins
Increasingly negative consumer sentiment not seen as immediate threat to home sales, as homebuyer demand continues to outpace available listings
Inflation continues to be a concern for many Americans. These affordable but attractive dollar-store finds can help agents get a home showing-ready on a budget
The dip in mortgage rates this week was small compared to the rise recorded over the last month; economists say they expect more increases
Demand for purchase loans and refinancings ebbed during last week of October
Powell says Fed will finish draw down of the support it's provided to mortgage rates during the pandemic by June
Joint ventures with homebuilders and referral relationships with real estate agents helping fuel partner channel