‘Good news’ for the spring homebuying season as mortgage rates melt, but economists warn ‘finding a deal remains an elusive quest’

Did the recent move lower in mortgage rates turn the housing market positive? With mortgage rates moving almost 75 basis points lower from the highs, does the data show that demand has improved? Let’s take […]

The writer is chief market strategist for Europe, Middle East and Africa at JPMorgan Asset Management A slew of economic data has recently surprised to the upside. According to the purchasing managers’ index for the […]

The average long-term mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for […]