The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) rose slightly in February. The Index, which measures any tightening or loosening of mortgage underwriting overall and by loan type, rose 0.6 percent to 180.1, indicating a relative easing of credit. The index was benchmarked to 100 in March 2012. The Conventional MCAI increased...Read More
In late 2017, MarketWatch published a story called “More Americans are buying new homes that haven’t even been started yet.” At the time, Rob Dietz, the chief economist for the National Association of Home Builders called it “a real confirmation of strong demand.”Read More
There was a time not so long ago that defeating inflation would have been considered a huge victory for the Federal Reserve.Read More
Over the past year, weekly fixed interest rates on single-family loans have soared 92 basis points. But little change was reported from last week, and more of the same is expected.On conventional loans utilized to finance a home purchase with amounts up to the conforming mortgage limit of $453,100, thirty-year...
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The central bank official said she's downgraded her economic outlook as dangers have grown both domestically and from abroad....(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.Read More
But the company is not content only serving real estate voyeurs. It wants a bigger piece of the housing market pie.Read More
It's no secret that Americans, on the whole, are behind on retirement savings. While it's one thing to be in your 20s or 30s with no nest egg, by the time you reach your 40s it's a bad situation.Read More
You've found the perfect place and may have even started deciding where to put the furniture, but you still have one big obstacle standing in your way: getting a mortgage.Read More
Mortgage rates dropped noticeably today, as the underlying bond market benefited from overseas developments.Read More
Net worth dropped to $104.3 trillion as the year came to an end, a slide of $3.73 trillion, according to figures released Thursday by the Fed.Read More
Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank.Read More
Earlier this week CoreLogic reported that the annual rate of appreciation in January, 4.2 percent, was exactly two-thirds the rate in January 2018.Read More
Insufficient income is keeping new homebuyers out of the market, according to a recent survey from Bankrate.com.Read More
Would you love to retire early?
So many people have that goal, and for a variety of reasons.Read More
After a pretty rough conclusion last week, yesterday's stability was a welcome change for mortgage rates at the start of the new week.Read More
Mortgage rates improved again today, bringing them back to the lowest levels seen since last Thursday morning.Read More
An uptick in mortgage rates was blamed by the Mortgage Bankers Association (MBA) for the first decline in mortgage applications in three weeks.Read More
Mortgage rates finally caught their breath today after rising quickly in the second half of last week. Specifically, the average lender managed to avoid getting any worse.Read More
Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market.Read More