Pending sales fell to their lowest level since early April, but lower asking prices and reduced competition give originators more options to structure deals for qualified borrowers
Tagged: Mortgage Rates
At current rates, the median homebuyer will pay more than the home's purchase price in interest over a 30-year mortgage, according to a new analysis
The Senate confirmation lands days after hot inflation reports rattled bond markets, forcing lenders and borrowers to rethink how soon meaningful rate relief could arrive
Higher energy costs and persistent core inflation are expected to keep borrowing costs elevated, limiting near-term upside for housing activity
Deep divisions inside the Fed and a murky rate outlook could keep mortgage pricing volatile and borrower urgency uneven
ServiceLink report finds more than 70% went over budget as younger buyers face strain, highlighting gaps and opportunities for loan officers
New analysis from Realtor.com suggests federal borrowing may limit rate relief and extend affordability pressure
Applications fall double digits as rising rates limit refi opportunities and slow purchase demand
Government-backed buyers ramp up mortgage bond purchases as Iran-driven market swings disrupt locks, pipelines, and spring homebuying activity
Slow sales, falling rates, and rising supply shift housing market power to buyers