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Utah Leads the Nation in Home Improvement Loans
The overall average loan amount for Utah’s home improvement loans is $117,835. Continue Reading Utah Leads the Nation in Home Improvement Loans
MBA: More People Seeking Out Mortgages
“Both purchase and refinance applications increased to the highest weekly pace in five weeks,” said MBA’s Joel Kan. Continue Reading MBA: More People Seeking Out Mortgages
Additional Reading: Top Mortgage Industry News & Headlines
That 3% Mortgage Just Keeps Getting Better
Source: The Washington Post --- The economy has been stronger and inflation stickier than markets and forecasters expected at the start of 2023, prompting traders to place bets that the Federal Reserve could ultimately raise rates as high as 6% — a level not seen...
Mortgage Rates Surge as Inflation Lingers
Source: US News --- Mortgage rates jumped higher for the second week in a row as investors worry sticky inflation will cause more hawkish policy decisions from the Federal Reserve. The average 30-year fixed mortgage rate rose to 6.73%, from 6.55% the previous week....
Housing, Inflation Data On Tap as Debate Rages on Strength of Economy
Source: US News --- A bevy of economic reports awaits investors and economists in a holiday-shortened week as the government gives updates on a key inflation measure and fourth quarter gross domestic product as well as private readings on the state of the housing...
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