Mortgage Rates Rise Just As Buyers Return to Housing Market
Mortgage applications spiked by about 10 percent for the week ending January 5, lenders said.
Source: newsweek.com
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Consumers Ride Wave Of Optimism As Mortgage Rates Teeter On A Drop: Fannie Mae Survey Reveals A Shimmer Of Hope For The Housing Market
Consumers are optimistic about the prospect of mortgage interest rates continuing to drop, which could pump life into a stagnant housing market, according to a monthly consumer survey by Fannie Mae. In December, a survey high 31% of consumers indicated they expect mortgage rates to go down, while 31% predict they will go up and 36% expect them to remain the same. Consumers are still pessimistic about homebuying conditions, but 17% indicated it's a good time to buy a home, compared to 14% in Nove
Source: yahoo.com
Consumers Take Mortgage Rate Rebound In Stride As Lenders Tighten Standards
Demand for purchase loans still picked up last week as would-be homebuyers took advantage of rates that are still a full percentage point lower than 2023 highs.
Source: inman.com
CNBC Daily Open: Turbulent times for Boeing
The more recent incident involving Boeing’s 737 Max 9 planes has already been faced with scrutiny as the FAA ordered a grounding of the planes, affecting...
Source: nbcconnecticut.com
CNBC Daily Open: Boeing tumbles on Max crisis
Boeing's 737 Max 9 planes are under sharp scrutiny with the FAA ordering the fleet to be grounded, affecting around 171 aircraft worldwide.
Source: cnbc.com