Housing Affordability Declines in August – Report

MPA, Sept. 29, 2023-Jonalyn CuetoNew data from the Mortgage Bankers Association (MBA) show the national median payment applied for by purchase applicants has increased slightly to $2,170 compared to July’s …

More U.S. Home Sellers Are Dropping Asking Prices

The Wall Street Journal, Sept. 28, 2023Roughly one in 15, or 6.5%, of U.S. homes for sale had a price drop during the four weeks ending Sept. 24, up from …

Surge in Yields Meets With Mixed Response

MPA, Sept. 28, 2023-Abigail AdriaticoThe rise in long-term interest rates – considered to be at their highest levels in 16 years – has put the recovering housing market at risk …

Mortgage Rates More Likely to Decline Than Climb, Freddie Says

National Mortgage News, Sept. 28, 2023-Brad FinkelsteinWith mortgage rates this week hitting their highest level since 2000, the full extent of the Federal Open Market Committee’s latest short-term rate pronouncement …

Mortgage Rates Hit Highest Level Since 2000

The Wall Street Journal, Sept. 28, 2023-Gina Heeb (subscription)Mortgage rates rose to a nearly 23-year high, another sign that the housing market will continue to be stuck in the doldrums.Click …

Mortgage Rates At Highest Peak In Almost 23 Years

Weekly Real Estate News, Sept. 28, 2023–Phil HallMortgage rates have reached a level not seen since Bill Clinton was in the White House, according to the latest Primary Mortgage Market …