interest
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Real estate
Demand for housing is positive, but is at risk due to higher mortgage interest rates
Our weekly current contract data is still positive year over year, but only by 1%, as demand growth has slowed…
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Real estate
Consumer confidence about mortgage interest rates is better than last year
Fannie Mae‘S Sentiment index for home purchases (HPSI) fell 1.9 points to 73.1 in December – a figure substantially higher…
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Real estate
The higher mortgage interest rates are slowing down refinancing activities
Refinancing volume is a fraction of what it was three years ago, when mortgage rates plummeted to historic lows, but…
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Real estate
The biggest mortgage interest stories of 2024
2024 was a disappointing year for those looking forward to a cycle of Fed rate cuts and the impact on…
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Real estate
The biggest challenge for the reverse industry in 2024? Mortgage interest
Reverse mortgage activity – and mortgage activity in general – is not where people want it to be. That was…
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Real estate
Mortgage interest rates are falling based on weekly job data
Mortgage rates fell this week and are now far from the levels that were widely discussed after the election. With…
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Real estate
Mortgage applications rise by 6.3% as interest rates level off
Mortgage applications rose 6.3% on a seasonally adjusted basis during the week ended Nov. 22, driven by a 12% increase…
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Real estate
What influence does mortgage interest rates have on the demand for housing?
It’s been almost two months since mortgage rates spiked again, and my first thought was that this would reduce housing…
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Real estate
Investor interest in reverse mortgages in 2025
Big reverse mortgage companies love it Finance of America (FOA) and Ellington financial — the parent company of the reverse…
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Real estate
Terry Schmidt says Guild is seeing more interest in reverse mortgages
Guild Mortgage CEO Terry Schmidt said Wednesday during a third-quarter earnings call that Guild’s reverse mortgage division continues to contribute…
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