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The History Of The Mortgage Rate
Housing Wire
Mortgage rate relief won’t come until end of 2023 (or later), housing economists say
After a slight decline this week, mortgage rates are expected to stay at their current elevated levels for a while in reaction to the Federal Reserve‘s (Fed) decision to pause its tightening monetary policy in […]
Housing Wire
A sub-7% mortgage rate brings holiday cheer
The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. The 30-year, fixed mortgage rate […]
Housing Wire
Mortgage rate lock volume plummeted 20% in September as rates soared
Mortgage-rate-lock volume fell 20% in September, led by a combination of seasonal decline in purchase activity and rising interest rates, according to Optimal Blue’s Originations Market Monitor report. September’s rate-lock decline continues a four-month trend […]