January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). After posting a 2.5% month-over-month […]
The average rate on a 30-year fixed mortgage surged nearly a quarter-point to 6.96% this week, looming closer to the 7% benchmark that hasn’t been reached since November. This marks the third consecutive week of […]
Over the last two months, many reports have stated that inflation has peaked, and in the U.S., the consumer price index (CPI) has dropped for seven consecutive months since its high in June 2022. In a recent interview […]
Feb 27 (Reuters) – U.S. stocks climbed on Monday as investors bought beaten-down shares after the main benchmarks suffered their worst weekly selloff this year on worries about tighter monetary policies. The blue-chip Dow (.DJI) erased its […]
A sharp drop in mortgage interest rates brought homebuyers out in force in January, but rates have bounced back higher again, so the gains may be short-lived. Signed contracts on existing homes jumped 8.1% last month compared […]
Feb 27 (Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan As March hoves into view with another intense bout of inflation and interest rate anxiety, markets are […]
Mortgage lender CRM and marketing automation solutions provider Insellerate has launched a new third party origination (TPO) solution for wholesale lenders, the company announced on Monday during ICE Experience. Insellerate TPO will provide account executive […]
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