Residential construction rebounded in June as housing starts and completions recovered from May's unusually weak levels, ...
Builder sentiment weakened further in July as affordability challenges and ongoing economic uncertainty continued to weigh on ...
Pending home sales declined in June as elevated mortgage rates and record-high home prices continued to weigh on buyer demand ...
Mortgage application volume declined again last week as higher borrowing costs weighed on home purchase demand. The Mortgage ...
During a recent trip overseas, I spoke to a banker who stated, “Technology doesn’t stop at the border.” True. The days of writing out this Commentary or taking an app on a yellow pad of paper are long ...
Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy.
While some news stories suggest that rates are the highest in 11 months today, that's not quite true. The highest rates of ...
Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest level since late ...
Volatility is always a risk surrounding 3 day holiday weekends when it comes to markets and mortgage rates, but this time around, things have been very calm. The average top-tier 30yr fixed rate ...
Recently, MISMO released its new white paper, “From Paper to Performance: How eNotes and eClosing Streamline Liquidity,” ...
From summertime Monday to summertime Tuesday... Yesterday's modest strength is now erased by today's modest weakness. In both cases, the movement is too small to worry about obvious catalysts, though ...
The Producer Price Index (PPI) is not normally a huge market mover, but it has its moments of moderate impact. Today is such ...