The estimate is based on rate changes since 2000 and should be interpreted as “directional rather than structural,” the analysts wrote in a report released Friday. Refis, which accounted for roughly 28%... Read more »
The decline in rates in 2025 reflects a combination of Federal Reserve rate cuts, lower 10-year Treasury yields and a narrowing spread between those yields and the 30-year conventional mortgage rate —... Read more »
Apartment rents are falling in Los Angeles County and much of the U.S. — but not in Orange County. Overall rents in OC rose 2.2 percent last year, while falling 2.6 percent... Read more »
Fannie Mae has a rosy outlook for mortgage rates. The government sponsored enterprise is projecting that rates will drop below 6% by the end of 2024, which in turn will boost refi... Read more »
Mortgage rates have pulled back in recent weeks giving consumers and loan originators some breathing room, but headwinds in the industry are far from over. The decline in the 10-year Treasury yield... Read more »
The mortgage market is witnessing a significant shift as rates continue their descent for the third straight week, according to data released by Freddie Mac. The average rate on the benchmark 30-year... Read more »
Despite facing its 19th consecutive month of year-over-year declines in home sales, Houston’s housing market exhibited resilience in October 2023, marking the smallest dip of the year. The Houston Association of Realtors... Read more »