Tagged: mortgage rates

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

Redfin reports a record seller surplus and the highest contract cancellation share since early 2020, leaving loan officers with fewer purchase opportunities despite buyers’ growing negotiating power

NAR reports September’s sales pace remained below 4 million, while more inventory gave buyers negotiating room and higher rates weighed on the outlook for demand

With rates projected to stay above 7%, MBA expects fewer loans next year — putting more pressure on LOs to win market share and find business beyond rate-driven refinancing

More than 7 million small-business customers gain access to relationship pricing as Chase expands its mortgage business and completes its nationwide HELOC rollout

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025