Source: firsttuesday Journal — Consumer mortgage originations plummet — so what now? The rapid mortgage interest rate hikes of 2022 caught homebuyers and sellers completely off balance. With prices toppling traditional sales volume and mortgage rates...
Source: The Ascent — When mortgage rates dropped to record lows in 2020, homeowners across the country rushed to refinance their loans. And many were able to reap a lot of savings in the process. But refinance volume has slowed down significantly this year, and...
Source: Insider — Throughout much of the pandemic, rock-bottom mortgage rates, as well government aid meant to stimulate the US economy, spurred on an unprecedented home-buying bonanza. Enticed by the desire for larger living spaces and the ability live...
Source: Markets Insider — Housing could be about to become a key policy puzzle for the Federal Reserve. Market activity has fallen for nine consecutive months and home sales were down 28.4% in October from a year earlier, according to the National Association...
Source: Yahoo! Finance — The housing market has been running red hot in recent years as more Americans buy homes while the supply has decreased. But there are some signs that the housing market is finally starting to cool down in some areas. In fact, housing...