In 2023, home purchases slowed across the board due to low levels of inventory, high mortgage rates and soaring home prices. Simultaneously, the appetite for second homes also diminished substantially ...

The Consumer Financial Protection Bureau (CFPB) in December released its 2023 Mortgage Market Activity and Trends report, which included a brief look at activity from the reverse mortgage industry ...

If 2022 was bad, more expenses, fewer sales, and thinner margins in 2023 makes 2024 a make-or-break year for many. Last week the Mortgage Bankers Association (MBA) released its Annual Mortgage Bankers ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Shapecharge / Getty Images This year saw mortgage rates climb to a historic high, ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances — $766,550 or less — decreased to 6.44% from 6.50% Refinance demand was 85% higher than the same week ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.29% from 6.43% Applications for a mortgage to purchase a home rose 2 ...

Mortgage rates fell this week to the lowest point since February 2023, in a welcome sign for Americans grappling with a tough housing market. The standard, 30-year fixed-rate mortgage averaged 6.20% ...