News
Modest jobs gains in December signal even cooler labor market
3+ mon, 1+ week ago (645+ words) The U. S. added 50, 000 jobs in December, with unemployment dipping to 4. 4%. Most sectors lost jobs, prompting economists to expect a cautious Federal Reserve stance and increased economic uncertainty for the housing market." AI Summary The U. S. labor market continues to slow with the…...
How is the housing market weathering war-time economics?
2+ week, 2+ day ago (801+ words) Weekly pending sales slipped to 70, 676 from 72, 191 a year ago as mortgage rates have risen. Total pending sales remained higher Yo Y at 380, 914, while purchase apps slowed to 1% Yo Y growth." AI Summary War-time economics have, of course, sent gas prices…...
U. S. labor market gains 130, 000 jobs in January as unemployment falls
2+ mon, 1+ week ago (494+ words) January's U. S. jobs report showed 130, 000 new jobs and a 4. 3% unemployment rate, with losses in real estate and government sectors." AI Summary The U. S. labor market appeared to pick up in January, with the economy adding 130, 000 total nonfarm payroll jobs, according to data…...
Mortgage applications up 1. 8% as refinance jumps 5%
5+ day, 18+ hour ago (509+ words) Mortgage applications increased 1. 8% week over week, according to MBA data for April 10, 2026. Refinance applications rose 5% and refinance share increased to 45. 5%, while the seasonally adjusted purchase index declined 1%." AI Summary Mortgage applications increased 1. 8% from one week earlier, according to data from…...
Chain reaction: A framework for America's housing and retirement crises
6+ day, 1+ hour ago (432+ words) What's needed is a framework spanning the entire ecosystem: housing inventory, buyer access, mortgage structure, lending standards, capital markets, tax policy. Every element is reliant on the other, which makes implementation incredibly difficult and, perhaps for that reason, more likely…...
The rise of HELOCs: What it means for originators in today's market
6+ day, 58+ min ago (569+ words) In today's market, HELOCs have evolved from a secondary product into a primary revenue driver for originators. From consolidating higher-interest debt to funding renovations and investment opportunities, borrowers are turning to home equity to support longer-term financial goals." To better…...
MBA: Mortgage rates, inflation will stay elevated through 2026
6+ day, 5+ hour ago (578+ words) MBA chief economist Mike Fratantoni said mortgage rates and inflation are likely to remain elevated through 2026 as oil price shocks tied to the Iran conflict keep the Federal Reserve on hold. MBA now expects no Fed cuts this year along…...
Mortgage rates dip as Middle East ceasefire cools investor fears
6+ day, 15+ hour ago (787+ words) Mortgage rates eased as a Middle East ceasefire through April 22 reduced oil-driven inflation fears. MND put the 30-year fixed rate at 6. 43% and interest rate traders placed 99. 5% odds on the Federal Reserve holding rates steady this month." AI Summary The ceasefire…...
Mortgage rates now closer to 7% than 6% as the Iran war escalates
3+ week, 4+ day ago (450+ words) Mortgage rates moved sharply higher in March to 6. 62% as the Iran conflict escalation pushed yields and oil prices up. Early-year housing demand held up, but the latest purchase application data showed a 5% weekly decline and slower year-over-year growth." AI Summary…...
Mortgage rates rise as Treasury yields hit 8-month high
4+ week, 2+ hour ago (729+ words) Mortgage rates moved higher as Treasury yields rose and oil topped $100 per barrel. MND reported 6. 49% for the 30-year fixed rate, while Housing Wire locked-loan data showed 6. 28% for 30-year conforming rates." AI Summary With little to suggest that the U. S. -Iran conflict…...