Mortgage demand stalls again, even as interest rates swing briefly lower

After rising steadily for three weeks, mortgage rates dipped slightly last week, prompting a small increase in refinance activity. Activity from homebuyers, however, pulled back further, leaving total mortgage demand…

Stocks Break Out. There Are Signs Inflation and Interest Rates May Peak Sooner.

Text size A copper smelter in Jinhua, China. Copper prices, often a signal of where the economy is headed, fell 6% this past week. Top Photo/Sipa USA/Alamy The stock market…

Demand for adjustable-rate mortgages surges, as interest rates jump

A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4%…

Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higher

A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels…

Mortgage demand falls to lowest level since 2018, even as interest rates ease

A single family home is shown for sale in Encinitas, California. Mike Blake | Reuters Mortgage demand slipped to the lowest level since December 2018, even after rates declined slightly…

Home prices surged in March as interest rates also rose: S&P Case-Shiller

A sold sign sits outside a home.  Adam Jeffery | CNBC Rising mortgage rates did not slow down rising home prices in March. Nationally, home prices were 20.6% higher than…

Fed will raise interest rates again soon. Make these money moves now

Federal Reserve Chair Jerome Powell. Xinhua News Agency | Xinhua News Agency | Getty Images Americans are dealing with a period of rapidly rising interest rates for the first time…

Mortgage demand slides further, even as interest rates pull back slightly

Mortgage rates turned lower for the second straight week, but it wasn’t enough to boost demand for either new purchase loans or refinances, according to a weekly report from the…

Money moves to make before the Fed hikes interest rates again

The Federal Reserve is among Western central banks fighting stubbornly high inflation. Xinhua News Agency | Xinhua News Agency | Getty Images For the first time in years, Americans are…

Adjustable-rate mortgage demand doubles as interest rates hit the highest since 2009

Mortgage rates moved even higher last week, crashing refinance demand and prompting potential homebuyers to apply for riskier loan products which offer lower rates. Total mortgage application volume fell 8.3%…