Mortgage rates inch up from 2023 lows on strong jobs report
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
by Matt Carter Feb 9
Reduced refi fears could help ease pressure on mortgage rates
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
by Matt Carter Dec 13
Purchase mortgage demand up 4th week in a row as 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
by Matt Carter Nov 30
Demand for home loans picks up for first time in 6 weeks
Rising demand for purchase loans and refinancing as rates climb to new highs underscores volatility, with Fed expected to continue rate hikes, according to the MBA's latest survey
by Matt Carter Sep 21
Demand for mortgages hits lowest level in more than 20 years
High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said
by Matt Carter Aug 17
Fed's steady approach to rate hikes could ease pressure on mortgages
Fed Chairman Jerome Powell hinted Wednesday that the US central bank is looking to dial back the pace of interest rate hikes as soon as the impact of increases shows up in inflation data
by Matt Carter Jul 27
Mortgage rates trend up again: Investors weigh Fed's next moves
Aggregate demand for mortgages, both purchase and refinancing, at lowest level since December 2018, as bottom falls out of refinancing market
by Matt Carter Jun 1
Mortgage rates may level off as Fed unveils details of tightening plan
Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet
by Matt Carter May 4
Interest rates climb as Fed looks to shrink balance sheet
Although the Fed hasn't set a timetable for shrinking its balance sheet, it's likely to do so more quickly than it did after the 2007-09 recession
by Matt Carter Jan 5
Good news will push rates up slightly -- and what's next?
What the international banking scene means for interest rates in the U.S.
by Lou Barnes Oct 28
Long-term rates fell last week -- the cause? Trouble overseas
The IMF (International Monetary Fund) is also an attending physician and today very much out of character, issuing warning after warning
by Lou Barnes Apr 11
Exhausted markets got a break last week
By spring or summer, we may look back at January as the Great 2016 Head-Fake
by Lou Barnes Jan 25
Quantitative easing could result in overvalued European homes
Germany, Norway and the UK are considered riskiest because of ultralow interest rates and bond yields
by Erik Pisor Jul 21
The keys to this week's economy-stall conundrum
Long-term rates went up, and mortgage and bond yields jumped
by Lou Barnes May 1
Say goodbye to freakishly low mortgage rates
Markets fear Fed tightening in the face of flat wage growth, falling inflation
by Lou Barnes Mar 6