Builder sentiment weakened further in July as affordability challenges and ongoing economic uncertainty continued to weigh on ...
Mortgage application volume declined again last week as higher borrowing costs weighed on home purchase demand. The Mortgage ...
Residential construction rebounded in June as housing starts and completions recovered from May's unusually weak levels, ...
While some news stories suggest that rates are the highest in 11 months today, that's not quite true. The highest rates of ...
Pending home sales declined in June as elevated mortgage rates and record-high home prices continued to weigh on buyer demand ...
Recently, MISMO released its new white paper, “From Paper to Performance: How eNotes and eClosing Streamline Liquidity,” ...
Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy.
Bonds lost ground modestly today with the ultimate damage being roughly an eighth of a point for MBS and less than a bp for 10yr yields. The selling was led by the short end of the curve (i.e. 2yr ...
Mortgage rates moved lower again today following another lower-than-expected reading on an inflation report. Yesterday's ...
This morning, we head to Los Angeles, the site of the fires in the Pacific Palisades area in January 2025. Governor Gavin ...
Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest level since late ...