Mortgages and Banking

Posted on
FHA Policy Now Allows ADUs to Boost Borrowers’ Qualifying Income

The new policy will in part help first-time buyers, seniors, and intergenerational... More

Posted on
Mortgage Rates Climb for Fifth Straight Week, Surpassing 7.5%

Sellers remain hesitant to list homes in the high mortgage rate environment, and... More

Posted on
Federal Reserve Raises Interest Rates to 22-Year High

While headline inflation has cooled, core inflation—price increases minus food and... More

Posted on
Federal Reserve Raises Rates by 25 Basis Points in Wake of SVB Collapse

Despite uncertainty in the banking sector, the Federal Reserve’s actions signal a... More

Posted on
Housing Forecast: Prices Unlikely to Come Down in 2023

Due to elevated mortgage rates and continued price appreciation, buying power is... More

Posted on
Mortgage Applications for New Homes Fall 28.6% on Year-Over-Year Basis in October

As mortgage rates rise to around 7%, both housing demand and the purchasing power... More

Posted on
Mortgage Rates Once Again Rise Above 7%

The 7.08% average for the 30-year FRM is more than 4 percentage points higher than... More

Posted on
Housing Market Slows as Fed Takes Aggressive Approach to Combat Inflation

Inflation remains at 40-year highs while national housing sales levels have... More

Close X