Mortgage Rates Rise Following U.S. Credit Downgrade
While economists point to the U.S. credit downgrade this past week as a reason for the rise in 10-year Treasury yields and average 30-year mortgage rate, they also note that increased housing inventory continues to keep activity at a steady pace. According to the...
Fannie Mae Sees Near-6% Mortgage Rates by End of 2025
Fannie Mae updated its housing market and economic predictions yesterday, tweaking nearly all the numbers positively in the wake of some encouraging data and federal policy shifts. In its latest assessment of the market, the mortgage giant predicted 6.1% rates by the...
Mortgage Applications Pull Back This Week
Inflation and deficit concerns coupled with a spike in mortgage rates resulted in home purchase applications pulling back this past week. According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May...
New York Fed President Says Housing Affordability ‘Number One Issue’ for Economy
Above, New York Fed President John C. Williams, left, at the MBA conference. Photo by Clarissa Garza. NEW YORK CITY—Providing an overall economic outlook at the Mortgage Banker Association’s (MBA) Secondary and Capital Markets Conference, New York Fed President John...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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