Redfin has put dates on the housing market’s affordability problem, but the most important feature of its new analysis is how far apart those dates are. Under one set of assumptions, the typical mortgage payment could return to its pre-pandemic share of...
Mortgage rate-lock activity declined sharply in September as higher borrowing costs and a selloff in bonds weighed on lending pipelines, according to Mortgage Capital Trading’s October Lock Volume Indices.Total rate-lock volume fell 10.15% from August, while...
U.S. home prices are still expected to rise over the next year, but only barely, as the renewed surge in mortgage rates deepens the affordability squeeze and widens the gap between stronger and weaker housing markets. Veros Real Estate Solutions’ Q3 2026 VeroFORECAST,...
Adjustable-rate mortgages are taking a larger share of the mortgage market as borrowers search for payment relief from higher fixed rates, but the stock of existing ARM loans remains far smaller than it was before the financial crisis. The October 2026 ICE Mortgage...
Mortgage rates moved closer to 8% Tuesday, adding another layer of pressure to a lending industry already confronting weaker borrower demand, thinner margins and a sharp fall slowdown in housing activity.HousingWire Data reported an average 30-year conforming rate of...