Mortgage markets improved slightly last week overall, but closed out the week much worse from the best levels of the week.
On Wednesday, briefly, mortgage rates touched an 8-week low. Following that, mortgage rates began to climb and stayed on an upward trajectory clear through Friday’s closing.
Rate shoppers suffered, realizing a 0.250 percent rise [...]
Volume figures to be light on Wall Street today as traders get a head start on Labor Day weekend. It could make shopping for a mortgage a bona fide challenge.
Expect rate volatility this morning and afternoon and, therefore, by extension, expect wild swings in the Home Affordability Index.
As mortgage rates rise and [...]
There are two ways to boost your personal cash flow — increase your income or reduce your spending. The former can be a challenge but the latter doesn’t have to be.
The headline of the above video — “Cut Your Spending By $500 Per Month” — is somewhat sensational but the advice given [...]
In what’s becoming a regular occurrence, housing data blew away economists expectations Tuesday.
As reported by the National Association of Realtors®, the Pending Home Sales Index posted its 6th consecutive monthly gain in July.
After a meteoric rise that started in January, the index is now [...]
In a bit of good news for the economy, Consumer Sentiment fell to 4-month lows in August. The drop wasn’t “good news”, per se, but because it wasn’t nearly as large as economists expected, Wall Street cheered it.
The index, jointly published by the University of [...]
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