Mortgage Rates Fall as Bond Markets React to the Spread of Omicron Variant
Mortgage rates fell from an 18-month high as the bond markets reacted to news about a new "variant of concern" in the Covid-19 pandemic.
December 1, 2021 2 MIN
Fannie Mae and Freddie Mac Boost Conforming Mortgage Limit by 18%
A federal regular on Tuesday increased the size of mortgages eligible for backing by Fannie Mae and Freddie Mac after a record-setting surge in home prices.
November 30, 2021 2 MIN
Mortgage Rates Rise as Bond Investors React to Inflation Spike
Rates rose after a report showed inflation spiked to 6.2% in October as supply-chain bottlenecks caused by the pandemic fueled price increases.
November 18, 2021 1 MIN
Unemployment Rate Set to Fall to 53-Year Low Next Year, Goldman Sachs Says
"Red-hot demand for workers" will send U.S. jobless rate tumbling, the economists said.
November 16, 2021 2 MIN
Pandemic Provided Top Two Reasons for Moving in the Past Year, NAR Says
The top reason to move, according to sellers, was the desire to be close to friends and family. The No. 2 reason was the need for more space, according to the NAR report.
November 11, 2021 2 MIN
Home Sellers’ Confidence Is At All-Time High, Report Finds
Record gains in home prices and a shortage of properties for sale have given sellers the most confidence they’ve ever had, according to a report from Fannie Mae.
November 11, 2021 2 MIN
Inflation Spike Puts Upward Pressure on Mortgage Rates
Consumer prices rose last month at the fastest clip in more than three decades, signaling rates for home loans are likely to rise.
November 10, 2021 2 MIN
Freddie Mac Wants Rental Payments Included in Credit Scores
Freddie Mac is incentivizing landlords to report on-time rental payments to help potential first-time homebuyers build credit histories.
November 8, 2021 2 MIN
