General

Mortgage volumes decreased for the sixth time in seven weeks, as spiking interest rates suppressed borrower demand, according to the Mortgage Bankers Association. The MBA’s Market Composite Index, a measure of loan activity based on surveys…
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Traders are now anticipating five Fed rate increases in 2022, down from the six or more that seemed like a certainty just a month ago. The market has decided that, due to the situation in Ukraine, the Fed and the other central banks will…
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Today’s mortgage and refinance rates Average mortgage rates rose moderately yesterday. They’ve fallen on just one business day since Mar. 7, and then only modestly. And we thought February was bad! First thing, markets were signaling that…
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