Mortgage rates have dropped to an average of 6.3%, renewing hope for a more active spring
Higher rates and overseas conflicts appear to be weighing on the lending industry
Home price growth continued to slow in August as buyers expressed trepidation over the economy, despite a healthy supply of inventory and lower mortgage rates
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6% last week compared to the week before
While purchase loan demand was still up 18% last week from a year ago, some of that demand may not translate into sales after unusual bump in cancelled purchase contracts
After exceeding 8% in October, rising mortgage rates overtook 'lack of housing inventory' as the top concern for real estate agents, according to the latest monthly Inman Intel Index results.
Opinion
No one can truly answer this question until we know how mortgage lenders and homeowners who have chosen forbearance will fare
The 5% gain in the Market Composite Index was due to strength on the refinancing side
Mortgage originations top lenders’ loan inventory for first time since last fall