Inflation and the resulting increase in interest rates continued to dent home sales activity into the fall. The National Association of Realtors® (NAR) said on
There was a slight increase in refinancing during the week ended October 21, but overall mortgage applications fell for the fifth straight week. The Mortgage
Home prices fell sharply again in August according to the two leading home price indices, both released this morning. The Federal Housing Finance Agency (FHFA)
Now here’s a rare thing! Mortgage rates managed to move lower, on average, for the 2nd consecutive business day on Monday. That hasn’t happened for
Crazy, Scary Morning Gives Way to Moderate Gains The bond market gamed the Fed today, and won (i.e. the long end sold until the short
If anything, today’s Existing Home Sales data is a bit of a bright spot in an otherwise gloomy housing market. Sure, the annual pace of
Mortgage application activity fell again during the week ended October 14 as mortgage interest rates hit their highest level in 20 years. The Market Bankers
The National Association of Homebuilders (NAHB) has only been publishing builder confidence numbers since the mid 1980s. It’s possible–if not likely–that the late 70s and
