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Mike Fratantoni, senior vice president and chief economist at the MBA, said the association had forecast mortgage rates to trend higher through the course of 2022. “Rates on 30-year conforming mortgages jumped by 23 basis points last week,…
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Read next: New home sales: “Modestly weaker than expected” Homebuilders continue to face various challenges, from rising costs for materials to rising mortgage rates, as reflected in the data. Holden Lewis, mortgage expert at NerdWallet,…
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Does a jumbo house need a jumbo down payment? Got your eye on a bigger, better, more expensive home? You’re likely going to need a bigger mortgage. That’s where a jumbo loan can come in handy. Jumbo loans let you buy more than conventional…
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