Skyrocketing US home prices are finally beginning to slow down
September 2021 marked the first month since May 2020 in which annual home price growth decelerated, with home prices increasing 19.5% year over year, down from 19.8% in August
by Lillian Dickerson Nov 30
Recent pullback in mortgage rates lifts outlook for home demand
A monthlong upswing in mortgage rates came to a halt in the past 2 weeks, with rates for 30-year loans retreating back below 3 percent
by Daniel Houston Nov 11
Rise in mortgage rates sees hiccup — but don't expect it to last
The dip in mortgage rates this week was small compared to the rise recorded over the last month; economists say they expect more increases
by Daniel Houston Nov 5
Rates for 30-year mortgages reach highest point since early spring
Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions, according to a lending survey from Freddie Mac
by Daniel Houston Oct 22
Mortgage rates continue their ascent onward into mid-October
Rates creeped upward once again across all major mortgage types, part of a rise from their all-time lows earlier this year, according to Freddie Mac’s weekly lender survey
by Daniel Houston Oct 14
More lenders jumping the gun on historic Fannie, Freddie loan limits
Rocket Mortgage and United Wholesale Mortgage — the nation's top 2 lenders — and at least 6 others are raising conforming loan limit to $625K ahead of FHFA announcement
by Matt Carter Oct 13
Mortgage rates hold steady following late-September spike
Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board
by Daniel Houston Oct 7
Fannie, Freddie loan limits set for record 50-year leap in 2022
Lenders are betting home prices kept rising in third quarter, and that they'll be able to sell bigger loans to Fannie and Freddie once conforming loan limit officially goes up on Jan. 1
by Matt Carter Oct 5
Home prices could ‘moderate’ if mortgage rates keep rising
Rates for 30-year mortgages jump 13 basis points in one week as investors weigh prospects for inflation, Fed tapering
by Daniel Houston Sep 30
Sustained surge in mortgage rates could dent home sales
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
by Matt Carter Sep 28
Housing industry 'will not be spared' by climate change: MBA
Extreme weather could strain flood insurance to breaking point, undermine home prices, and drive mortgage defaults, according to the Mortgage Bankers Association
by Matt Carter Sep 27
Mortgage rates continue to flatline ahead of Fed tapering details
Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve's tapering plans
by Daniel Houston Sep 24
Landmark study confirms troubling 'appraisal gap' in minority enclaves
Mortgage giant Freddie Mac's analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias
by Matt Carter Sep 21
‘Holding pattern’: Virus extends stable period for mortgage rates
Rates for 30-year mortgages have remained virtually unchanged for 2 months even as lenders reported recent movement on other loan types
by Daniel Houston Sep 16
Regulators loosen reins on Fannie and Freddie
Biden administration suspends limits on mortgages secured by second homes and investment properties
by Matt Carter Sep 15