Housing market "stuck" as mortgage rates remain above 7%
Mortgage rates fell slightly this week to 7.12%, but it was not enough to prevent mortgage applications from sinking to a 28-year low.
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Mortgage rates fell slightly this week to 7.12%, but it was not enough to prevent mortgage applications from sinking to a 28-year low.
“Most first-time home buyers ... want the best rate and the lowest monthly payment,” says a Boise mortgage loan officer.
District of Columbia home prices are steadily falling despite a decrease in housing inventory and a multi-year increase in mortgage rates.
Valor Lending Group has programs geared to benefit self-employed individuals, gig workers, investors, and independent contractors.
Low credit availability driven by declining originations and shrinking industry capacity