News
Home Price Growth Picked Up in May
10+ hour, 44+ min ago (117+ words) Mortgage and real estate concepts Home prices picked up the pace in May, indicating buyers in some areas are able to move past elevated mortgage rates, while further widening the affordability gap that continues to divide buyers across the nation,…...
Mortgage Rates See Slight Shift as Iranian Conflict Looms Over Future
4+ day, 13+ hour ago (307+ words) Three house models with coins, paper money and large percent sign, concept of home loan or housing interest. 3d rendering. Mortgage rates shifted slightly upward this week due to elevated inflation, and the hope for relief may be further delayed, according…...
Federal Reserve Governors Remain Divided on Interest Rate Adjustments Under New Chair — RISMedia
5+ day, 11+ hour ago (440+ words) During the meeting, participants voiced “considerable uncertainty” about the direction of inflation and indicated a close look at how it changes will be needed. One fairly sure expectation, though, was that “a deceleration in housing services prices” was likely to…...
Mortgage Applications “Little Changed” As Rates See Slight Increase
5+ day, 16+ hour ago (349+ words) In the ever-fluctuating mortgage environment of late, mortgage applications saw a decrease but were overall “little changed” this week as rates saw a slight uptick, according to the latest data from the Mortgage Bankers Association (MBA). MBA’s Weekly Mortgage Applications…...
Mortgage Rates Edge Down, Mark Lowest Level Since Mid-May — RISMedia
1+ week, 4+ day ago (412+ words) Green toy houses and red percentage signs replacing the noughts and crosses of the classic Tic Tac Toe game. Illustration of the concept of the challenge of high interest rate to mortgage loans The average 30-year-fixed mortgage rate dropped to…...
Job Growth Declines in June, Economists Suggest Cautious Optimism for Housing — RISMedia
1+ week, 4+ day ago (377+ words) Job growth trended downward and came in below expectations in June, per the latest findings from the U.S. Bureau of Labor Statistics. This adds another data point as the Federal Reserve moves to consider adjusting interest rates in coming months; in…...
Home-Price Growth ‘Essentially Flat’ in April as Affordability Improves — RISMedia
1+ week, 6+ day ago (527+ words) Home-price growth continues to cool and provide relief to priced-out prospective homebuyers throughout the first half of this year, as the latest S&P Cotality Case-Shiller U.S. National Home Price NSA Index saw an “essentially flat” report in April, as characterized…...
Consumer Confidence Up Following Middle East Tensions Easing — RISMedia
1+ week, 6+ day ago (355+ words) After a negative report in late May, which came on the heels of three months of gains, nonprofit research firm The Conference Board’s Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next…...
Mortgage Rates Continue to Hover Around 6.5% for Sixth Straight Week — RISMedia
2+ week, 4+ day ago (281+ words) Real estate investment concept. Businessman use laptop with house icon for analyzing mortgage loan home and insurance real property mortgage. business real estate. As pending sales and existing home sales showed modest improvement in May, economists say despite mortgage rates…...
Mortgage Rates Decreased This Week Following Ceasefire Agreement — RISMedia
3+ week, 4+ day ago (376+ words) Mortgage rates written on a model of house. Mortgage rates lowered this week following a ceasefire agreement with Iran, a trend economists say may be more promising in light of a signed agreement by President Trump. The average 30-year fixed…...