Oil shocks and geopolitical headlines are moving mortgage rates before the Fed acts, leaving originators little time to prepare borrowers and lock loans when opportunity returns
Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,
Purchase demand softened while refinance activity continued to show resilience despite higher borrowing costs
Slower appreciation and more realistic seller pricing could improve purchase opportunities even as mortgage rates remain elevated
Monthly mortgage payments have become the new yardstick for sticker shock
The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes
Cotality reports 0.3% annual appreciation in April as affordability pressures cool some markets and Midwest metros gain momentum
Pending sales hit a five-year March high in Zillow report as rate volatility creates both opportunity and risk for mortgage originators
While oil prices rise and markets wobble, most buyers are still moving forward with big-ticket purchases
As GSEs dominate the nation’s mortgage supply and household debt climbs, shifting borrower demographics and easing lending standards point to a gradual, but uneven, market expansion