The Market Composite, Purchase, and Refinance indexes all fell 2% last week.
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Tagged: Interest Rates
Mortgage Applications Fall For 8th Time In 9 Weeks
Higher Rates Mean Smaller Homes
Buyers need to search for cheaper homes, which typically translates to smaller ones.
Oct 04, 2022
Home Prices Decline, But Monthly Payments Soar
Black Knight finds home prices are on the decline, but soaring interest rates create record-breaking P&I payments.
Oct 03, 2022
Mortgage Applications Follow 1st Weekly Increase With Similar Decline
After rising nearly 4% the previous week, applications fell nearly 4% last week as interest rates rose.
Sep 28, 2022
How Long Will Rates Keep Climbing?
Rates dropped over the summer, but are spiking once again.
Sep 23, 2022
The Fed Raises Interest Rate 0.75% For The 3rd Time
Chairman said housing market may have to go through "a correction" to return to balance.
Fed Committee Gathers To Renew Inflation Fight
FOMC expected to announced 0.75% rate hike after 2-day meeting ends Wednesday.
Annual Inflation Dips Again In August, But High Prices Linger
Rose 0.1% from July, but dips to 8.3% annually — likely not enough to alter Fed plans for another rate hike.
Sep 13, 2022
Fed Expects To Continue Rate Hikes, But Worries It Could Go Too Far
July meeting minutes show another 50-basis-point rate hike is expected in September.
Aug 18, 2022