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Coming Up:
A Slow Swing to Economic Improvement Predicted for 2023
With fed rate hikes maybe nearing completion and employment rising, mortgage rates are set to decrease, despite the potential for inflation remaining at 3%.
PennyMac Posts Solid Q2 Results Amid Market Volatility
Diversified business model, rising production volumes, and large servicing portfolio propel the company to profitability.
Mortgage Rates Edge Upwards, But Consumer Confidence Remains High
Following a significant dip, 30-year and 15-year fixed mortgage rates see a minor increase.
Better.com Moves Closer To Public Listing through Aurora Acquisition Corp. Merger
After a two-year journey, digital homeownership firm advances in its plan to go public.
Mortgage Originations Continue To Contract, Analysts Say
However, originations and economy should improve starting in 2024.
Redfin: Home Prices Climb 2.6% Amid Declining Demand And Inventory
The typical monthly mortgage payment declined to $2,599.
U.S. Sees Home Equity Surge in Q2 2023, Reaching a Four-Year High
49% of homes were deemed equity rich.
Homebuyer Affordability Remains Steady in June
The national median mortgage payment drops marginally and affordability was flat.
Mortgage Delinquency Rate Reaches Historic Low in May
CoreLogic report attributes healthy mortgage performance to strong job market.