Ann Saphir Updated Wed, November 13, 2024 at 12:03 PM EST 4 min read2 By Ann Saphir (Reuters) -After a scare earlier this year that the U.S. labor market might be cooling too fast, some Federal Reserve policymakers are shifting their attention…
By Tim Maxwell Edited By Angelica Leicht May 29, 2024 / 11:56 AM EDT / CBS News For mortgage rates to drop significantly, a few different scenarios need to occur, experts say. The average 30-year mortgage loan rate is sitting above 7% this…
By: Erik J. Martin Reviewed By: Aleksandra Kadzielawski In case you haven’t been paying attention, the presidential election is now less than six months away. A lot can happen between today and November 5 – the date we cast ballots – especially in…
Posted on December 14, 2023 by TMN Editor As 2023 draws to a close, good news for homebuyers keeps rolling in, suggesting change might be just around the corner. New listings are on the rise and purchase applications are beginning to rebound, a new…
Even though mortgage interest rates changed only slightly, the volume of mortgage applications moved higher for the second time in as many weeks. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, increased 2.8…
As we look ahead to 2024, many homeowners, prospective homebuyers, and investors are keenly interested in the trajectory of mortgage rates. Here are a few factors that could lead to a drop in mortgage rates in 2024. 1).Inflation- Inflation erodes…
Posted on September 28, 2023 by TMN Editor By CHUCK GREEN The housing market has been slowing down due to interest rate hikes, but that likely won’t stop officials from pushing further in their fight against inflation. And average American homebuyers and sellers…
Effective July 1st: HOMETOWN HEROES opens for all Full-Time workforce, employed by a Florida-Based Employer. PROGRAM HIGHLIGHTS: -Any Florida based worker who has not owned a home for the last 3 years is eligible. -Must be a full time employee…
CFG attending the All Access Event sponsored by one of our most powerful wholesale lenders: Rocket Mortgage. #BrokersareBetter
Posted on May 10, 2023 by TMN Editor Home sale prices keep climbing thanks to high competition in budget-friendly markets. The National Association of Realtors’ (NAR) latest quarterly report found that single-family existing-home sales prices increased in about 70% of metros (152 out of 221)…
