|
Real Estate News |
Mortgage Rates Move Back Above 6.5%
Fri, 20 Mar 2026 18:53:00 GMT
After hitting 5.99% as recently as February 27th, top tier 30yr fixed mortgage rates are back over 6.5% for the average lender today--the highest they've been since September 3rd, 2025. The entire month of March has been painful for many corne..[read more]
|
New Home Sales Plunge to 3-Year Lows
Fri, 20 Mar 2026 18:15:00 GMT
New home sales took a notable step back in January, reversing much of the prior month's strength and highlighting the volatility that often defines this data series. The Census Bureau reported a seasonally adjusted annual rate of 587,000 , down shar..[read more]
|
Reality Check For Refi Demand
Fri, 20 Mar 2026 18:08:00 GMT
NOTE: the rates discussed in this article are from MBA's weekly survey and pertain to last week. This week's rates have already moved significantly higher according to our daily data. Mortgage application activity fell sharply last week as ris..[read more]
|
Builder Confidence Inches Higher Amid Affordability Concerns
Fri, 20 Mar 2026 18:05:00 GMT
Builder confidence ticked slightly higher in March according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), though sentiment remains subdued as affordability concerns continue to weigh on the single-family..[read more]
|
Central Banks Cite Oil to Steal Spotlight From Oil
Fri, 20 Mar 2026 13:46:30 GMT
In the space of 2 days, central banks have completely stolen the spotlight from energy prices, but they have relied on energy prices to do so. More simply put, markets had been following oil prices until this week's central bank announcements. At tha..[read more]
|
Volatile Day Thanks to Central Banks And, Eventually Oil
Thu, 19 Mar 2026 19:48:55 GMT
Volatile Day Thanks to Central Banks And, Eventually Oil Bonds took a break from their lock-step tango with oil prices for most of today's session instead focusing on European Central Bank (ECB) policy news. Key ..[read more]
|
Mortgage Rates Jump Back Up to 7-Month Highs
Thu, 19 Mar 2026 18:44:01 GMT
Mortgage rates hit 7-month highs last Friday, but recovered fairly nicely on the first two days of the present week. The past 2 days have been a bit rough, unfortunately. Over that time, the average top-tier 30yr fixed rate rose 0.14% to 6.43%--just ..[read more]
|
Broker, Correspondent, Subservicer Oversight Tools; IMB Cost $11k Per Loan; STRATMOR Survey
Thu, 19 Mar 2026 15:24:36 GMT
The FHFA announced that Fannie and Freddie will remove 'certain' homeowners insurance requirements which may reduce costs. But what are people saying about where their industry-facing priorities are? Both are focused on leveraging technology and remi..[read more]
|
Bonds Ignore Oil in Favor of Repricing The Rate Outlook
Thu, 19 Mar 2026 12:55:44 GMT
At almost any moment in March 2026, a glance at the "10yr vs oil price" chart has revealed sufficient correlation to blame the bond rout on the energy price spiral. But the correlation is spotty at times and today is one of the starkest examples. Oil..[read more]
|
Mortgage Rates Move Back Up Near Recent Highs
Wed, 18 Mar 2026 21:06:00 GMT
Mortgage rates got hit 3 times on Wednesday, with the net effect being a move back up to the highest levels in several months. The average lender isn't quite as high as they were last Friday, but after late-day "reprices" many are fairly close. ..[read more]
|
