Fed Chair Jerome Powell: Homebuyers 'Need A Bit Of A Reset'
Jerome Powell acknowledged the situation buyers now find themselves in, saying, "We need to get back to a place where supply and demand are back together."
Source: inman.com
Page 10 - Alternative Financing News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Alternative Financing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Alternative Financing Today - Breaking & Trending Today
Fannie Mae Downgrades Home Sales Expectations For 2022 And 2023
Higher mortgage rates are now "housing market's primary constraint," economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent this year.
Source: inman.com
Fed's Biggest Rate Hike In 28 Years Might Not Further Impact Mortgages
After bond market sell-off Friday and Monday, investors take Fed's 75 basis-point rate hike in stride.
Source: inman.com
Mortgage Demand Picked up Last Week Before Latest Rate Surge
Homebuyer demand for purchase loans picked up before a bond market sell-off sent mortgage rates soaring past 6 percent.
Source: inman.com
WFG Expands Title Agency Footprint Into Rocky Mountains
Brian Phillips will head operations for the company’s new Rocky Mountain Region, encompassing Colorado, Utah, Montana and Wyoming.
Source: inman.com