Sales of existing homes rose in September, likely due to a brief decline in mortgage rates

A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of previously owned homes increased 7% to a seasonally adjusted…

Weekly mortgage demand drops over 6% after interest rates move even higher

A sign is posted in front of a home for sale on September 28, 2021 in San Anselmo, California. Justin Sullivan | Getty Images Climbing mortgage interest rates caused another…

Mortgage originations will drop 33% in 2022 as interest rates rise

A employee carries lumber as he builds a new household in Petaluma, California. Getty Pictures Growing fascination prices will end result in a sharp fall in refinance desire in 2022,…

United Wholesale Mortgage ditches its plan to accept bitcoin, ethereum

U.S. homebuyers seemingly aren’t all that fascinated in paying their home loans in cryptocurrencies like bitcoin. United Wholesale Mortgage, which built its¬†public debut in January¬†via a specific reason acquisition (SPAC)…

Foreclosures surge 67% as Covid mortgage bailouts expire

A foreclosure signal in front of a household in 2007. Getty Pictures Foreclosures are beginning to surge as governing administration and personal sector applications made to assistance owners deal with…

Weekly mortgage demand stalls, as rates jump to highest level since June

Prospective homebuyers look at a kitchen area although touring a house for sale in Helotes, Texas. Matthew Busch | Bloomberg | Getty Images Property finance loan premiums continued their trudge…

As mortgage rates shoot even higher, refinance demand plummets 10%

A sharp soar in home finance loan fascination fees more than the past couple months is using its toll on house loan desire. Total application volume fell approximately 7% final…

Mortgage demand falls as rates rise to highest level since July

Serious estate brokers arrive at a brokers tour demonstrating a household for sale in San Rafael, California. Getty Illustrations or photos Larger interest costs took some modern wind out of…

Stronger mortgage demand points to September surge in home sales

A gross sales heart sign in front of a new residential group in Lithonia, Georgia, April 26, 2021. Elijah Nouvelage | Bloomberg | Getty Illustrations or photos Immediately after a…

Mortgage rates rise and more increases could be coming

Possible buyers go to an open residence for sale in Alexandria, Virginia. Jonathan Ernst | Reuters Property finance loan rates jumped greater this week. It could be just the beginning…

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