Page 4 - Industry Forecasting News Today

Applications for mortgages are dropping as mortgage interest rates keep rising while home sellers are lowering their prices as additional supply hits the market, according to multiple reports.

The housing market has seen a slowdown in activity despite a strong bump in jobs and wage growth in March.

For the week ending March 4, 2022, mortgage applications increased 8.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. See:...

The average rate for a 30-year fixed mortgage rose close to a full percentage point from the start ...

The residential mortgage industry is entering a new era with mortgage origination rates dropping 11% from the third quarter of 2021 and 13% from the fourth quarter of 2020, according to ATTOM's report. 

A super hot real estate market is about to get a reality check with rising mortgage rates.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Mortgage applications for the week ending February 18 declined to their lowest level since December 2019 as mortgage rates continued to push higher, according to new data from the Mortgage Bankers...

Confidence among U.S. homebuilders fell in February to a four-month low amidst persistent delays in projects, rising construction costs, and building material production bottlenecks, according to a trade association, indicating a near-term gloomy outlook for the industry.

Interest rate on the 30-year fixed-rate mortgage has exceeded 4 percent for the first time in more than two years while overall mortgage applications declined for the week ending Feb. 11, based on data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey.