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Are we seeing a mortgage rate lockdown?
September 16, 2022
Mariel Alumit
Weely Real Estate News
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Source: Housing Wire — The premise of a mortgage rate lockdown is simple: so many American households have such low mortgage rates that some will never move once rates rise, which then locks up housing inventory. […]
The mortgage market isn’t sending the signal homebuyers need on affordability
July 17, 2023
Mark Paul Cervantes
Mortage News, Top News
Comments Off on The mortgage market isn’t sending the signal homebuyers need on affordability
Lawrence Yun has as big a stake in the Federal Reserve’s moves as any economist: As the chief economist for the National Association of Realtors, his industry is a target of the Federal Reserve’s efforts […]
Mortgage Application Volume Struggling With Higher Rates
August 24, 2023
Allen Santos
Financial Markets, Housing Bubble, Inflation, Mortage News, Top News, U.S. Housing Market
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Mortgage interest rates rose again last week, reaching the highest level in nearly a quarter century and further sidelining mortgage borrowers. The Mortgage Bankers Association (MBA) reported that its Market Composite Index, a measure of […]