Tagged: mortgage rates

New Realtor.com analysis finds that moving would still increase the typical homeowner's mortgage payment by nearly 62%

October's sharp decline in lending activity points to a tougher purchase market, even as borrowers turn to ARMs, FHA, and Non-QM financing

Pending sales fall 16.4% from a year ago despite lower home prices and mortgage payments, as sellers retreat from a weakening market

Realtor.com reports a sharp decline in purchase activity as higher rates erode borrowing power

The mortgage giants recorded a combined $1.94 billion in third-quarter provisions, with higher projected rates extending credit exposure and signs of stress emerging among newer loans

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

ATTOM puts the income needed to afford a median-priced home at $90,191 — roughly $10,700 above average wages, despite lower prices

Realtor.com finds 66 of 99 metros favor buyers or are moving that way, while rising financing costs have cut borrowing capacity 7.2% since late August for a fixed monthly payment

Both lenders point to financial strength and continued investment in broker partnerships amid rising rates, even while Non-QM production grows

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions