Mortgage Rates Hit 3-Year High; Economists Foresee Stalling Market

The Federal Reserve’s new interest rate increase will likely be felt throughout the real estate industry, with mortgage rates surpassing last week’s data highlighting a two-year peak. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.2

Even a missed jobs report and the Fed talking dovish aren’t keeping yields lower

A jobs miss sent the 10-year yield to as low as 5.17% before yields rose higher toward 5.28%

Mortgage Banking Summit: ‘Street fight’ market concentrates growth toward nondelegated lenders

Data shows a small fraction of lenders capturing most new production as LOs shift to brokerage and correspondent platforms

Institutional Investors Are Quietly Returning to the Housing Market

Institutional investors are kicking the tires in the American housing market once again. Investors who own more than 1,000 homes accounted for 2.2% of the share of home sales in August, up from 1.4% in February, according to new data from real estate analytics firm Cotality. The rebound came as Cong