Analysis and Data
Consumer Price Index rose 0.4% in April from a month earlier.
MBA says both its purchase and refinance indices rose as 30-year fixed rate fell to 6.48%.
Vision 2025 plan helped reduce loss to $91.7m; expense reductions included cutting 52% of staff.
More than half of respondents to ServiceLink survey say they 'plan to consider' buying a home in 2023.
Decline reflects the tightening in broader credit conditions, MBA said.
While there were 3 fewer business days in April, there were still additional signs of a slowdown.
Fannie Mae index climbs to highest level since May 2022.
Unemployment rate slips to 3.4%, lowest since 1969.
After 2 weeks of increases, 30-year rate dipped to 6.39%.
Posts $411m loss in Q1, slight improvement from $493m in Q4, as CEO Jay Farner says goodbye.