To put it mildly, we have seen a quite interesting housing market through the pandemic. During most recessions, falling incomes and tighter guidelines cause the housing market to slow and lead to stable or lower housing prices. During
Hispanic homeowners in the U.S. are more likely than people of other
Mortgage bond prices finished the week higher which put downward pressure on rates. Most improvements came Tuesday and Thursday. There was very little data. Weekly jobless claims were 373K vs the expected 348K. The Fed minutes showed some internal
Southwest Florida roofing company executive Casey David Crowther has been sentenced to three years and one month in federal prison after being convicted in a PPP loan fraud case where he bought a $700,000 boat, among other expenditures, with the
Sellers are returning to the housing market as the number of homes
Key Takeaways:
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.90 percent.
“Mortgage rates decreased this week following the dip in U.S.
The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) was largely unchanged in June, decreasing by 0.3 points to 79.7, despite even greater volatility
Mortgage applications decreased 1.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 2, 2021.
The Market Composite Index, a measure of mortgage loan application volume, decreased 1.8
