New listings inched up as some homeowners opted to cash out, fearing that elevated mortgage rates could drive a drop in home prices
SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — New listings climbed 1.4% month over month in September, the largest increase
Delinquencies Rose in September While Foreclosure Activity Remained Muted
Mortgage bond prices finished the week sharply lower which caused mortgage interest rates to surge higher. Elevated inflation, uncertainty in the Middle East, and the Fed’s continued quantitative tightening factored heavily into trading. The data was mixed but still
For months we have been debating whether the Federal Reserve will raise rates one more time this year and more specifically when they meet next week. We analyze the data, listen to the speeches by members of the Fed and
New Accessory Dwelling Unit policy provides expanded financing options for borrowers and reinforces Biden-Harris Administration housing supply and homeownership goals.
WASHINGTON – The U.S. Department of Housing and Urban Development, through the Federal Housing Administration (FHA), today announced a new
Home Prices Prove Resilient through Third Quarter, but Deceleration Likely as Mortgage Rates Move Higher
WASHINGTON, Oct. 16, 2023 /PRNewswire/ — The rapid rise in long-term interest rates over the past few months will likely weigh on future economic growth,
Mortgage bond prices finished the week considerably higher which put some downward pressure on rates. Most of the improvements occurred the beginning of the week as geopolitical tensions in the Middle East escalated. There was flight to safety buying
Bear Markets
Bonds are in a significant bear market. A bear market in bonds is different than the typical bear market we discuss – which is the stock market. While both are characterized by a drop in prices (for stocks it
Washington, D.C.—Ginnie Mae’s mortgage-backed securities (MBS) portfolio outstanding grew to $2.477 trillion in September, including $36.6 billion of total MBS issuance, leading to $19 billion of net growth. Issuance for this month was less than $38.1 billion in August and
