Will Mortgage Rates Jump After Another Fed Rate Hike?
The Federal Reserve is likely to raise rates next week and again in December, January
The Federal Reserve is likely to raise rates next week and again in December, January
The weekly applications survey remained at its lowest level in 25 years as rates topped 7%.
Investors aren’t interested in Non-QM backed securities, and it could slow down origination
Home sales, listings continue to decline, leading to a record share of sellers dropping prices.
This latest surge keeps pricing out would-be buyers.
Freddie Mac says the 30-year fixed-rate mortgage is still under 7%; others say it's crossed that threshold.
Single-family home prices increased nearly 14% in 3Q 2022.