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Until Congress addresses the federal deficit, the tendency will be for higher long-term interest rates regardless of what the Fed does with the short end of the yield curve, writes the Chairman of Whalen Global Advisors.
March 1Whalen Global Advisors LLC -
The income needed to comfortably afford a home in the US has leapt 80% since 2020, far exceeding a 23% increase in median income over the same period, according to a post on Thursday by Zillow.
March 1 -
Nearly half of sellers and buyers in a recent LendingTree survey said they didn't know what commission percentage their agent received in their most recent transaction.
February 29 -
Loan volumes fell for the third straight week, with depressed demand for government lending driving activity downward, the Mortgage Bankers Association said.
February 28 -
High rates and home inventory shortages have increased the importance of builders as referral partners. Here's how some mortgage lenders partner with them.
February 28 -
Prices nationally rose 5.5% from a year earlier, according to data from S&P CoreLogic Case-Shiller.
February 27 -
The volume of active for-sale condo listings in the Sunshine State increased by 40% last month compared to a year earlier, Redfin said.
February 26 -
Sales of new homes in the U.S. edged higher in January as builders and buyers capitalized on lower mortgage rates at the start of the year.
February 26 -
Despite limited inventory and rising prices, buying interest appears robust heading into peak season, but lenders are likely to find a more discerning consumer.
February 26 -
Across the nation, over 700,000 Black families are "income mortgage-ready," or able to spend 30% or less of their income on a home loan for the typical house in their local market.
February 23