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Investors bought a record 18.4% share of homes sold nationwide in Q4 2021, motivated by soaring rents, a new Redfin analysis reveals. Deep-pocketed buyers spent $49.9B on 80,293 homes — an average of $433K per listing — over the year’s…
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Mortgage activity slowed for the second week in a row, with refinances continuing to slide and purchase sizes grow in the face of rising rates and tightening credit, the Mortgage Bankers Association said. The MBA’s Market Composite Index,…
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Today’s mortgage and refinance rates Average mortgage rates rose modestly yesterday. It was the ninth consecutive business day on which they’ve increased. So, fearsome February continues. This morning, markets are fairly quiet, despite…
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