Mortgage Industry News
Mortgage rates are up, sales of homes are down
Source: NPR --- AILSA CHANG, HOST: The U.S. housing market today looks very different from the frenzied market of about a year ago. Sales of existing homes dropped for the seventh month in a row as of September. Builders are breaking ground on fewer new homes now than...
International Conference For The Brightest Minds In Finance & Insurance
AGENDA AT-A-GLANCE Event Schedule Our exciting USA edition brings to you the latest happenings in the world of money and valuable info on the changing global financial landscape. As we focus on the revival of the economy after the COVID-19 pandemic, it is essential...
As mortgage rates rise, applications slow
Source: Fox Business--- Mortgage rates gained in the past week, putting a damper on demand for mortgage applications. Mortgage applications declined 2.8% from a week ago, according to the weekly survey from the Mortgage Banker's Association. The increase in rates...
Lifting international travel ban anticipated to boost foreign real estate purchases
Source: The Washington Post --- International travel to the United States began to return in full force as of Nov. 8 when the White House lifted pandemic restrictions that had kept people from dozens of countries from entering. Now that citizens from European, Asian,...
Should Rising Mortgage Rates Stop You From Buying a Home Right Now?
Source: Nasdaq --- There's a reason so many people clamored to buy homes in 2020 and rushed to refinance their mortgages. For much of last year, mortgage rates sat at or near historic lows, with the 30-year mortgage being available at under 3%. But rates have risen a...
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Recent Posts
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