Trump's nominee passed with a 55-44 vote and the support of two Senate Democrats
Tagged: Mortgage Bankers Association (MBA)
A dip in rates caused refis to surge 12% from the week prior, while purchase activity took a hit
Median purchase application payments rose 3.5% from the end of 2023 — the last 'worst year in decades' for home sales
MBA expects "gradual pick up in purchase activity in the coming months" — pending a big "if"
MBA's Fratantoni says economic data likely to keep rates 'steady at these levels'
The MBA's weekly survey slumps as rates hit highest levels since July
Calling for solutions to an escalating homeownership crisis, federal officials scrub "climate change" from their vocabulary
Rising mortgage rates over the past two weeks have suppressed mortgage demand.
"Something's got to give," implores ATTOM CEO Rob Barber. "Or a growing number of buyers will have no choice but to toss in the towel."
Redfin listings rise 7.4% annually on the feeling that mortgage rates ‘may have bottomed out'