Mortgage demand fell to a 25-year low last week, as unrelenting inflation and high interest rates cool demand.
Manan Bhavnani
Oct 19, 2022
The worst may have yet to come as new and existing home sales are plunging, and homeowners see no reason to refinance loans at higher mortgage rates.
Panos Mourdoukoutas Ph.D.
Sep 26, 2022
The increases in refinancing and purchasing mortgage options is a good sign that the Fed's interest rate hikes are working, but some warn that will not last.
Maggie Valenti
Aug 03, 2022
Existing home sales fell 2% in August, according to the National Association of Realtors. First-time home buyers only made up 19% of homes sold when they usually make up 40%.
Ben Scheffer
Sep 22, 2021
U.S. home prices rose 18.6% in June compared to 16.8% in May.
Ben Scheffer
Aug 31, 2021
Home sales increased for the second consecutive month in July as demand remains high for homes.
Ben Scheffer
Aug 23, 2021
Jacob Milton, 55, could walk away with $12.5 million from the same people he stole $1 million from over a decade ago after he convinced a Manhattan jury that the victims were to blame for his criminal conviction.
Dane Enerio
Aug 15, 2021
Mortgage applications dipped 4% for the week ending July 16 after riding on a 16% surge the week prior, according to a MBA survey.
Dawn Geske
Jul 21, 2021
Low rates have buoyed the housing markets in the U.S., as the world navigates through the COVID-19 pandemic.
Vaibhavi Khanwalkar
Nov 18, 2020
New mortgages fell by 2% last week, but refinance applications grew by 0.2% as homeowners scramble to get the cheapest possible interest rates.
Vaibhavi Khanwalkar
Oct 22, 2020
Generation X – those between the ages of 40 and 55 – have the highest debt load.
Palash Ghosh
Oct 20, 2020
Victims of real estate wire fraud have already lost $220 million this year
Palash Ghosh
Oct 20, 2020
The average FICO credit score reached 711 in July, the highest since scores were first tracked in 2005
Palash Ghosh
Oct 19, 2020
High home prices prompted by rising demand and punctured supply is pricing out prospective homebuyers, which is proving beneficial for the rental industry in the United States.
Vaibhavi Khanwalkar
Oct 12, 2020
The UK's housing market is at a 12-year high, but that could change dramatically in the months ahead. The U.S. is in a similar position.
Cullen Paradis
Oct 08, 2020
JPMorgan joins a long list of companies pledging to fight inequality and undo past wrongs
Palash Ghosh
Oct 08, 2020
One of the reasons for the decrease in demand for home loans may be the limitations lenders face in dealing with the volume of business coming their way.
Vaibhavi Khanwalkar
Oct 03, 2020
Freddie Mac said that the 30-year fixed-rate mortgage has fallen to an average of 2.86%, the lowest rate in history dating back to 1971.
Palash Ghosh
Sep 10, 2020
Lenders issued $1.1 trillion in home loans in the second quarter, a record.
Palash Ghosh
Sep 08, 2020
Low mortgage rates, pent up demand have led to spike in mortgage purchase requests
Palash Ghosh
Aug 26, 2020
While some discrimination in financial services has diminished, Blacks still face barriers in access to credit, mortgages
Palash Ghosh
Aug 25, 2020
The COVID-19 pandemic has thrown the mortgage industry into turmoil
Palash Ghosh
Aug 24, 2020