Mortgage Industry News

Mortgage Rates Need Another Push to Keep Plunging

Mortgage Rates Need Another Push to Keep Plunging

Source: The Wall Street Journal --- The pressure is finally coming off mortgage rates.  Amid the market’s huge reaction last week to the better-than-feared inflation print, and what it could signal about the direction of the Federal Reserve’s monetary policy, a widely...

4 Ways Rent-to-Own Can Help You Buy a House

4 Ways Rent-to-Own Can Help You Buy a House

Source: The Ascent --- Although home prices in some regions of the country have softened, the median price of a single-family home still rings in at just under $385,000. With mortgage rates hovering around 7%, the monthly payment alone pushes many would-be home buyers...

Pending Home Sales in U.S. Slide 3.8 Percent in December

Pending Home Sales in U.S. Slide 3.8 Percent in December

Source: The World Property Journal--- According to the National Association of Realtors, pending home sales fell in December 2021, denoting two straight months of declines. All four major U.S. regions posted both month-over-month and year-over-year drops in contract...

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