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Broader economic factors, including growing household debt, are also likely to keep the housing market stagnant, Freddie Mac said.
November 9 -
Public policy experts debated the effect of rising rates on the mortgage market, the impact on homebuyers and ways that Fannie Mae and Freddie Mac could exit conservatorship at the National Mortgage News Digital Mortgage Conference.
September 28 -
Even as Freddie Mac's survey put rates at their highest since December 2000, factors like rising oil prices and a government shutdown could slow the economy.
September 28 -
Overall rate locks dropped 1.5% on a month-to-month basis; the drop in purchase volume was higher at 1.9%, Black Knight said.
September 11 -
Key data points have shown price and wage pressures continue to dissipate, which should bolster the case for an end to rate increases, but strong labor-market activity may keep policymakers uneasy.
August 21 -
The average for a 30-year home loan marked the fourth straight week of increases, according to Freddie Mac.
August 17 -
But a Zillow economist argues that there's plenty of evidence suggesting strong GDP and job growth had more to do with the increase than what Fitch did.
August 3 -
There's divergence of opinions between one more rate hike this cycle and no further actions.
July 27 -
The 30-year fixed, which was threatening going above 7% again according to Freddie Mac data, was 18 basis points lower this week.
July 20 -
A resilient U.S. economy, lingering inflation and comments from the Federal Reserve contributed to a 10-basis-point hike in the 30-year fixed rate, Freddie Mac said.
July 6