mortgage rates

A strong economy and the Federal Reserve delaying interest rate hikes have pushed mortgage rates above 7% again.
A recent analysis reveals that home sales cancellation rates soared in October, especially in the southern and western United States.
House-flipper Opendoor is getting a sharp boost Monday morning after dropping 5% on Friday.
Increasingly fewer people can afford to own a home with mortgage rates at 8%.
Housing demand surged during the peak of the COVID-19 pandemic. People fled large cities, as “work from home” allowed them to move to places where housing costs were lower and the quality of...
Homebuyers in this city need an income more than four times the national average to be able to buy a house.
The period when home prices rose by double digits year over year is mostly over. In some markets, sales have started to struggle significantly. These are precursors of what will become a national...
Home sellers, who have done well for so long, will bear the brunt of the ongoing increase in mortgage rates.
Homeowner equity rose by $1.5 trillion last year, and homeowners took advantage of that by putting around 10% in their pockets through cash-out refinancing.
COVID-19 has wreaked absolute havoc on many industries but hotels seem to be getting some of the worst of it. A new national report from Trepp, a data analytics firm, the demonstrated that the hotel...
Record-low mortgage rates have led to a jump in applications for refinancing. But lenders are becoming more cautious.
Mortgage loan delinquencies soared in April after posting monthly declines for more than two years. Foreclosures remained subdued, but that may change once the federally mandated forbearance period...
24/7 Wall St. has tracked one analyst report from Wall Street calling for price targets that imply well over 100% long-term upside in Fannie Mae and in Freddie Mac.
With the government set to remove Fannie Mae and Freddie Mac from conservatorship, Nomura/Instinet is expecting follow-on capital raises in April of 2021.
Applications for new mortgage loans dipped by 5% week over week according to the Mortgage Bankers Association, but remain about 10% higher than at the same time last year.