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Now that interest rates have resumed their upward climb, do we have to worry about 8% mortgage rates next? Back in July, I questioned if 7% mortgage rates were on the horizon, given the steady rise seen at that time. While rates hadn’t…
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Mortgage application volume, particularly for refinances, rose for the first time in over a month amid a volatile rate environment, according to the Mortgage Bankers Association. The MBA's Market Composite Index climbed a seasonally…
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As a greater share of single-family homes are being purchased as investments, a debate has emerged about what government-backed mortgage providers can or should do about it. During the first quarter of 2022, 28% of single homes were bought…
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