Refinance Applications Soar 10 Percent Since Last Week
After a muddling 2022, refinance applications soared 10% week-over-week. This showed signs of life in the mortgage industry.
Latest Mortgage Markets Calm as Fears of Banking Sectors Ease
Latest mortgage market seemed to finally calm after several weeks of extreme volatility due to concerns about the banking sector.
New Housing Inventory Falls Short in the United States
The latest real estate data shows the United States in desperate need of new housing inventory as existing homes fell in December.
ISM National Services Index Shows New Gains in November 2022
While this week showed little major news, the ISM national services index demonstrated unexpected gains in November 2022.
September Existing Home Sales Fall as Mortgage Rates Soar
As mortgage rates reached their highest rates in over twenty years, September existing home sales fell for the eighth straight month.
August 2022 CPI Report Now Leads to Climbing Mortgage Rates
With the August 2022 CPI report, investors fully understand the driving force behind climbing mortgage rates.
July 2022 Mortgage Markets Reflect Reduced Inflationary Pressures
After months of upward momentum, July 2022 mortgage markets finally reflected reduced inflationary pressures.
High Inflation Leads To Reduced Mortgage Applications
In recent months, high inflation (and higher mortgage rates) took a large toll on mortgage application volumes.