The Mortgage Reports covers mortgage rates, mortgage news, mortgage strategy, and real estate. NMLS #1019791.
The states with the cheapest 30-year new purchase mortgage rates Monday were New York, California, Florida, Tennessee, Texas, Washington, Massachusetts, and Ohio. The eight states registered averages between 6.77% and 6.92%. Meanwhile, the states with the highest Monday averages were Alaska, ...
The Mortgage Reports covers mortgage rates, mortgage news, mortgage strategy, and real estate. NMLS #1019791.
So today, I celebrate Paul Volcker and floating interest rates. The Financial Times’ Robin Wigglesworth has a story titled “The alpha of ugliness,” with the subheading “But beauty gets the flows.” A paper by Chengyu Bai and Shiwen Tian of Shanghai Jiao Tong University showed that “...
“Our expectations for housing have become more pessimistic,” Fannie Mae Chief Economist Doug Duncan said in October. “Rising interest rates and declining housing sentiment from both consumers and lenders led us to lower our home sales forecast over the duration of 2018 and through 2019. Meanwhil...
The Mortgage Reports covers mortgage rates, mortgage news, mortgage strategy, and real estate. NMLS #1019791.