Christine Stuart

Mortgage rates dip slightly, prompting increase in home loan applications.

Despite challenges, experts anticipate a potential decline in final sale prices as price growth slows.

The Mortgage Credit Availability Index sees modest increase, reaching 92.9; conventional loans expand slightly, while government programs remain stable.

Consumer confidence in selling homes rises, but buying sentiment remains pessimistic.

Homeowners witness significant equity surge of $1.3 trillion with Northeastern states making the biggest gains.

Fannie Mae unveils cutting-edge update to streamline mortgage origination process.

Despite missing non-GAAP EPS forecasts, Angel Oak grows loan portfolio, enhances liquidity, and optimizes operations.

Despite decrease in loan modifications, more borrowers opt for permanent payment reductions.

Annual pay for job stayers was up 5.1%, lowest gain since August 2021.

The increase reflects positive sentiment despite rising interest rates and strong job market; Federal Reserve's scrutiny of upcoming economic reports may influence future rate adjustments.