Tagged: Interest Rates

What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more

New governor sworn in as central bank preps for its likely first policy move of 2025, with mortgage markets watching closely

Powell points to potential inflation increases as rationale for no rate cuts as Fed board members signal openness to lower rates

Refinance activity drops 20%, while purchase applications fall 7% amid economic uncertainty, MBA survey shows

Homebuyers now need $117K — 82% more than renters — to afford monthly costs, up from a 73% gap last year, Redfin reports

Consumers remain poised to act when rates present an opportunity

Fannie Mae's ESR Group has revised its mortgage rate projections downward

As prices soar and options shrink, younger generations fall further behind their parents on the path to homebuying

Home loan volume declines 3% amid rising interest rates, refinancing climbs for third straight quarter

Rates fell across most loan types, but purchase and refinance applications won't budge